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An Excellent Investment Opportunity In Dufferin Grove. Retail Unit Was Recently Renovated And Offers Excellent Income. Second Floor Apartment Is Currently Undergoing Top-Of-The-Line Renovations. Net Income Is Over $117,000 With The Upside On Turnover Of The Second Floor Tenant, Who Is Currently Paying Below Market Rent. Before The Closing The Landlord Will Finish Renovations To The Second Floor Apartment, Update The Hallways, Facade And Replace The Third Floor Windows. The Owner Has Invested Around $100,000 In Renovations So Far. 5% Going-In Cap Rate.**** EXTRAS **** Vendor Financing And Vacant Possession Possible. (id:35167)
MLS® Number | C5817032 |
Property Type | Retail |
Community Name | Dufferin Grove |
Amenities Near By | Public Transit |
Cooling Type | Partially Air Conditioned |
Size Interior | 2550 Sqft |
Utility Water | Municipal Water |
Acreage | No |
Land Amenities | Public Transit |
Sewer | Sanitary Sewer |
Size Irregular | 18.34 X 137 Ft ; Irregular Shape |
Size Total Text | 18.34 X 137 Ft ; Irregular Shape |
https://www.realtor.ca/real-estate/25037774/966-college-st-toronto-dufferin-grove