Description
Phenomenal 7-unit income property in Toronto's highly sought-after Junction neighborhood! First time on the market in over 30 years, this character-filled building offers a mix of 1 Bachelor, 2 One-Bedroom, and 4 Two-Bedroom units. Exceptional AAA location within walking distance to High Park, the Bloor Subway Line, and the Junction's vibrant mix of cafés, restaurants, and boutique shops. Situated on a large 40' x 115' corner lot with excellent street presence and parking for up to 7 cars. Three units feature walkouts to spacious decks, and tenants pay their own hydro (except the Bachelor unit). On-site laundry generates additional income. Approximately 4,265 sq. ft. of living space spread over three levels. Exceptional tenant profile with strong income and 42% upside potential on rents upon turnover. Potential Opportunity to add another unit on the lower level. Minutes to Bloor West Village, The Stockyards, top-rated schools, and frequent TTC service.
Location Description
Medland St / Annette St
Property Details
- Community: Junction Area
- Property Type: Tenant/Commercial
- Garages: Outside/Surface
- Annual Property Taxes : $ 12088
Building Features
- Parking Type : Outside/Surface
Features
- Heating : Baseboard
Listing Contracted With: MYSAK REALTY INC.
