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$1,880,000
Est. payment /mo
5 BD
3 BA
Active
641 Bathurst ST Toronto C01, ON M5S 2R2
UPDATED:
11/01/2024 03:19 PM
Key Details
Property Type Single Family Home
Sub Type Semi-Detached
Listing Status Active
Purchase Type For Sale
MLS Listing ID C9514418
Style 2 1/2 Storey
Bedrooms 5
Annual Tax Amount $7,195
Tax Year 2023
Property Description
Prime investment opportunity ideally located in the heart of Toronto between Bloor St and College St, truly the perfect Toronto location! 3 fully renovated, and self-contained, suites with significant mechanical upgrades throughout including updated wiring, HVAC, roof, windows and plumbing! Benefit from vacant units allowing you to hand select new tenants and immediately capitalize on current market rents! Ideal multi-generational home or live/rent opportunity. Parking via laneway offers possible laneway home resulting in even more property value! No tenants to assume! Potential Gross Income over $135,500 - 6.20% Cap Rate!!!. Projected Long term lease Gross Income $115,200 - 5.15% Cap Rate!!! Low property expenses due to significant property upgrades. Perfect time to take advantage of the recent interest rates cuts and secure an excellent investment property. Located in the best part of Toronto steps to Bloor St, Harbord Village, College Street, Little Italy, Ttc, U of T, Elite Schools, beautiful parks, delicious dining and all the best amenities Toronto offers! 100 Bike score, 98 Transit Score, 95 Walk Score.
Location
State ON
County Toronto
Area University
Rooms
Family Room Yes
Basement Apartment, Separate Entrance
Kitchen 3
Separate Den/Office 1
Interior
Interior Features None
Heating Yes
Cooling Window Unit(s)
Fireplace Yes
Heat Source Gas
Exterior
Garage Lane
Garage Spaces 2.0
Pool None
Waterfront No
Roof Type Unknown
Parking Type Other
Total Parking Spaces 2
Building
Unit Features Place Of Worship,Public Transit,School,Fenced Yard,Park,Hospital
Foundation Unknown
Listed by FREEMAN REAL ESTATE LTD.