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93 Spadina Road Toronto (Annex), Ontario M5R 2T1

6140 sqft
Fully Air Conditioned Baseboard Heaters

$3,999,900

Turnkey 16-unit residential investment in the heart of the Annex, offered as two buildings on one lot: 14 studios in the main building plus a coach house with two one-bedroom units. Gross revenue of $268,906 with a projected NOI of $198,397. Private drive with three parking spots located literally one door over from the entrance to the Spadina TTC Subway Station and a 12-min walk to University of Toronto St. George campus. Meticulously maintained under long-term ownership. This is an investors' dream property. Tenant demand in this pocket is deep enough that vacancies typically draw multiple qualified applications. Rare opportunity in Toronto's most resilient neighborhood. (id:57276)

Business

BusinessType Residential
BusinessSubType Apartments

Property Details

MLS® Number C13753716
Property Type Multi-family
Community Name Annex
AmenitiesNearBy Public Transit
EquipmentType Water Heater
ParkingSpaceTotal 3
RentalEquipmentType Water Heater

Building

Appliances Central Vacuum, Cooktop, Dryer, Oven, Washer, Window Coverings
CoolingType Fully Air Conditioned
HeatingType Baseboard Heaters
SizeInterior 6140 Sqft
Type Multi-family
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Public Transit
SizeDepth 130 Ft
SizeFrontage 32 Ft
SizeIrregular 32 X 130 Ft
SizeTotalText 32 X 130 Ft
ZoningDescription R (d1*900)

https://www.realtor.ca/real-estate/30244601/93-spadina-road-toronto-annex-annex

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Tim Yew
Broker of Record

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