Homes for sale - 557 MARKHAM STREET, Toronto (palmerston-little Ita...

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Ahmad Moharam

ahmad.moharam@exprealty.com +1(613) 883-7060

$2,999,000

Est. payment - /mo

7 Beds

6 Baths

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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Palmerston-Little Italy

MLS® Listing ID C10454156

Bedrooms 7

Originating Board Toronto Regional Real Estate Board

Property Description

Turnkey investment in the heart of Little Italy! This grand semi-detached home at Bloor & Bathurst offers 6 self-contained rental units (5 occupied) a perfect portfolio addition. The property features 5 one-bedroom units and a spacious 2-level, 2-bedroom suite, and many updates throughout the property. Solid & sympatico tenants provide peace of mind to this investment opportunity. Unbeatable location: steps to Bloor St, Bathurst Subway, U of T, and directly across from the redeveloped and new Mirvish Village. Enjoy nearby shopping, parks, cafes, and dining. Five units enjoy outdoor spaces, two include in-unit laundry, and there's a 2-car garage with laneway access plus a laneway suite study offering exciting development potential. Monthly revenue is approx. $10,320/mo, and once fully occupied projected monthly revenue of $12,580/mo is expected once the recently renovated unit is leased. Investment opportunity not to be missed. **** EXTRAS **** Strength in numbers: 555 & 565 Markham St. are also for sale (MLS). Maximize your economies of scale, or dream bigger and assemble 3 flagship properties in enviable location. Located on a Low-Traffic, Tree-lined, One-way Street. (id:24570)

Location

Province ON

Rooms

Extra Room 1 Second level 2.44 m X 3.56 m Bedroom

Extra Room 2 Second level 4.37 m X 3.99 m Living room

Extra Room 3 Second level 4.83 m X 4.22 m Bedroom

Extra Room 4 Second level 2.9 m X 2.34 m Kitchen

Extra Room 5 Second level 2.44 m X 3.05 m Living room

Extra Room 6 Third level 3.35 m X 4.06 m Living room

Interior

Heating Hot water radiator heat

Flooring Hardwood, Laminate, Tile

Exterior

Parking Features Yes

Fence Fenced yard

View Y/N No

Total Parking Spaces 2

Private Pool No

Building

Story 2.5

Sewer Sanitary sewer

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Listed by FREEMAN REAL ESTATE LTD.

+1(613) 883-7060

ahmad.moharam@exprealty.com

343 PRESTON STREET, 11TH FLOOR, OTTAWA, Ontario, K1S1N4

557 MARKHAM STREET Toronto (palmerston-little Italy), ON M6G2L6