93 Spadina Road Toronto, Ontario M5R 2T1

6,140 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:50787)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number C13753716
Property Type Multi-family
Community Name Annex
Amenities Near By Public Transit
Equipment Type Water Heater
Parking Space Total 3
Rental Equipment Type Water Heater

Building

Appliances Central Vacuum, Cooktop, Dryer, Oven, Washer, Window Coverings
Cooling Type Fully Air Conditioned
Heating Type Baseboard Heaters
Size Interior 6,140 Sqft
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit
Size Depth 130 Ft
Size Frontage 32 Ft
Size Irregular 32 X 130 Ft
Size Total Text 32 X 130 Ft
Zoning Description R (d1*900)

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

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