Immaculately cared for incredible turnkey residential investment in the heart of the Annex featuring 16 total units across two buildings (14 studios in the main building and a coach house with 2 one-bedroom units). Boasting a 2025 gross potential revenue of $262,367.20 and a potential NOI of $191,858.19. Private drive with 3 parking spots located literally one door over from the entrance to the Spadina TTC Subway Station and a 12-min walk to University of Toronto St. George campus. Extremely high rental demand area with pretty much zero vacancy. This is an investors dream property. Every time there is a vacancy there are so many applications you get to choose the best tenants. Rare opportunity in Toronto's most resilient neighborhood.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
6140 sq. ft. Square Feet
Total Area:
6,140 sq. ft.570 m2
Lot Depth:
130'39.6 m
Lot Frontage:
32'9.75 m
Lot Details:
32.00 x 130.00 Feet
Water supply:
Municipal
Rooms:
0
Zoning:
R (D1*900)
Heating type:
Baseboard
Cooling:
Yes
Garage:
None
Parking Spaces:
3
Possession Details:
Immediate
HST Applicable To Sale Price:
Not Subject to HST
Type Taxes:
Annual
Taxes:
$12,502.77 /
2025
Assessment:
$- /
-
Toronto
Toronto C02
Annex
Public Transit, Subways
Yes
Hot Water Tank
1 Coin-Operated Washer & Dryer (proven secondary income stream); 4 Full-Sized Fridges & 12 Undercounter Fridges; 1 Stove, 2 Cooktops, 1 Oven & 13 Hot Plates; 1 Central Vacuum System; 11 Window A/C Units; 3 Security Cameras & Digital Monitoring Equipment. All existing Electrical Light Fixtures (ELF) & Window Coverings not owned by tenants.