Toronto C08 M5A 2N9 Ontario
MLS: C12211133
Added 1 day ago | For Sale
Listed by: HARVEY KALLES REAL ESTATE LTD.
5.4% cap rate! Rare 8-Plex in Garden District Downtown Toronto An exceptional investment opportunity: two side-by-side fourplexes with separate ownership parcels, offering rare flexibility for future resale, refinancing, or strategic portfolio planning. Eight Rental Units Across Two Buildings: Income-generating property with one current vacancy for immediate upside. Strong Tenancy History: Low vacancy and reliable cash flow from long-term residents. Unbeatable Transit Connectivity: Located in the heart of downtown with excellent walk, bike, and transit scores. Steps to multiple TTC routes, streetcar lines, and minutes from subway stations. Proximity to the future Ontario Line ensures long-term growth in accessibility and property value. Laneway Parking for 4 Vehicles: A premium urban amenity that supports tenant demand and higher rents. Potential for Laneway House: Opportunity for additional density and value (buyer to verify).Heritage-Designated Properties: Architectural character that enhances long-term desirability. Vendor Take-Back (VTB) Possible: Flexible seller financing available for qualified buyers. Located in one of Toronto's most dynamic and evolving neighbourhoods, this asset blends location, income, and future potential an ideal addition to any investors portfolio. Existing tenants to be assumed, please do not ask for vacant possession
Level | Type | Features | Dimensions |
---|---|---|---|
Main | Living Room | Laminate | 12 ft, 8 in x 13 ft, 9 in |
Kitchen | Window, Laminate | 15 ft x 11 ft | |
Primary Bedroom | Closet | 16 ft, 8 in x 11 ft, 10 in | |
Bedroom 2 | 8 ft, 9 in x 10 ft, 9 in | ||
Second | Living Room | Laminate | 16 ft, 8 in x 16 ft, 2 in |
Kitchen | 16 ft, 8 in x 16 ft, 5 in | ||
Primary Bedroom | W/O To Patio, Closet | 13 ft, 7 in x 11 ft, 10 in | |
Bedroom 2 | 9 ft, 1 in x 12 ft |
No property rooms available.