190 Dunn Avenue Toronto W01 ON M6K 2R9
$ 2,400,000
| 5500 Sq Feet
Listing ID
#W12398017
Property Type
Investment
County
Toronto
Neighborhood
South Parkdale
Days on website
112
Description
6.29% Cap rate. Massive Parkdale Mansion. ( 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
Heat Type:
Gas Hot Water
Utilities:
Available
Listed By:
RE/MAX WEST REALTY INC.