557 Markham ST new Save Request In-Person Tour Request Virtual Tour
Toronto C01,ON M6G 2L6
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID C10454156
Style 2 1/2 Storey
Bedrooms 5
Annual Tax Amount $9,770
Tax Year 2024
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.
Location
Province ON
County Toronto
Area Palmerston-Little Italy
Rooms
Family Room No
Basement Apartment,Finished with Walk-Out
Kitchen 6
Separate Den/Office 2
Interior
Interior Features On Demand Water Heater,Other
Cooling None
Fireplace No
Heat Source Gas
Exterior
Exterior Feature Deck,Porch
Garage Lane
Garage Spaces 2.0
Pool None
Waterfront No
Roof Type Unknown
Total Parking Spaces 2
Building
Unit Features Fenced Yard,Place Of Worship,Public Transit,School
Foundation Unknown