190 Dunn Avenue Toronto W01 ON M6K 2R9
$ 2,400,000

Listing ID

#W12398027

Property Type

Multiplex

Property Style

3-Storey

County

Toronto

Neighborhood

South Parkdale

Days on website

112

Description
6.29% Cap rate. Massive Parkdale Mansion. 8 Units ( 4 x two bedrooms , 4 x One bedrooms ) All currently rented. Over 5000 Sq Ft. updated Units .Gross Income over $185,000.Great Tenants. Steel Roof With Lifetime Warranty. Newer Boiler With Indirect Hot Water Tank.. Very Well Maintained. Easy To Rent. Stable rental income today with strong appreciation and rent growth potential tomorrow.South Parkdale is one of Torontos most desirable multifamily investment areas offering strong tenant demand, low vacancy, and steady cash flow today, with clear upside in rent growth as the neighbourhood continues to gentrify. Steps to downtown, transit, and the waterfront, properties here combine stability with long-term appreciation potential.
Location
Financial Information
List Price:  $ 2400000
Taxes:  $ 12586
Property Features
Approximate Square Footage:  3500-5000
Basement:  Apartment, Separate Entrance
Exterior:  Brick
Foundation Details:  Concrete Block, Stone
Fronting On:  West
Heat Source:  Gas
Heat Type:  Water
Interior Features:  Sump Pump, Water Heater Owned
Parking Features:  Lane
Roof:  Asphalt Shingle
Sewers:  Sewer
Listed By:     RE/MAX WEST REALTY INC.