930 Dundas Street E Toronto E01 ON M4M 1R3
$ 1,700,000

Listing ID

#E12635946

Property Type

Att/Row/Townhouse

Property Style

2 1/2 Storey

County

Toronto

Neighborhood

South Riverdale

Days on website

17

Description
City of Toronto licensed rooming house with two car parking spaces, A very rare chance to own a City of Toronto-licensed rooming house with 14 rooms, 6 bathrooms, and 2 kitchens. Less than 15 minutes by transit to downtown Toronto, and close to all amenities including shopping, schools, hospitals, parks, and major transit routes. Each room offers privacy with shared kitchens and bathrooms for practical living. Strong income potential with a pro forma cap rate of approx. 5.8% if fully rented at $720 per room. Current income is lower due to vacancies. Price is firm. No vendor take back. For More Information About This Listing, More Photos & Appointments, Please Click "View Listing On Realtor Website" Button In The Realtor.Ca Browser Version Or 'Multimedia' Button or brochure On Mobile Device App.
Location
Financial Information
List Price:  $ 1700000
Taxes:  $ 5995
Property Features
Air Conditioning:  Window Unit(s)
Approximate Square Footage:  2000-2500
Basement:  Finished with Walk-Out, Separate Entrance
Exterior:  Brick
Foundation Details:  Concrete
Fronting On:  North
Heat Source:  Gas
Heat Type:  Forced Air
Parking Features:  Private
Roof:  Asphalt Shingle, Rolled
Sewers:  Sewer
Listed By:     TIMES REALTY GROUP INC.