Kalpesh Patel (KK)
Broker
Homelife/Miracle Realty Ltd., Brokerage
Independently owned and operated.
5010 Steeles Ave. west, Toronto, Nunavut M9V5C6
Cell: 416-418-7039Office: 416-747-9777Fax: 416-747-7135
$2,795,000
Available - For Sale
Listing ID: E9007574
559 Broadview Ave , Toronto, M4K 2N7, Ontario
| Beautifully maintained 6-unit multi-residential building containing 3 - 2 bedroom suites and 3 - 1 bedroom suites. Located in a residential neighbourhood close to schools, shopping, public transit and more. Improvements/upgrades include skylights, kitchens, bathrooms, flooring and appliances. Wood frame construction. Potential upside in rent upon unit turnover. Clean and quiet building with little maintenance required. New Ontario subway line is expected to come to Pape and Danforth through Gerrard and Carlaw which is a 5 minute drive south east. |
| Price | $2,795,000 |
| Taxes: | $9408.00 |
| Tax Type: | Annual |
| Occupancy by: | Own+Ten |
| Address: | 559 Broadview Ave , Toronto, M4K 2N7, Ontario |
| Postal Code: | M4K 2N7 |
| Province/State: | Ontario |
| Lot Size: | 25.00 x 98.00 (Feet) |
| Directions/Cross Streets: | Danforth & Broadview |
| Category: | Apartment |
| Use: | Apts-6 To 12 Units |
| Building Percentage: | Y |
| Total Area: | 0.06 |
| Total Area Code: | Acres |
| Area Influences: | Major Highway Public Transit |
| Financial Statement: | N |
| Taxes Expense: | $9408 |
| Insurance Expense: | $5657 |
| Management Expense: | 6397 |
| Heat Expenses: | $3378 |
| Hydro Expense: | $3000 |
| Water Expense: | $3283 |
| Gross Income/Sales: | $159936 |
| Operating Expenses: | $36922 |
| Vacancy Allowance: | 1599 |
| Net Income Before Debt: | $123014 |
| Year Expenses: | 2023 |
| Expenses Actual/Estimated: | $Est |
| Outside Storage: | N |
| Heat Type: | Gas Hot Water |
| Central Air Conditioning: | N |
| Elevator Lift: | None |
| Sewers: | San+Storm |
| Water: | Municipal |
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Kalpesh Patel (KK)
Broker
Dir:
416-418-7039
Bus:
416-747-9777
Fax:
416-747-7135
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At a Glance:
| Type: | Com - Investment |
| Area: | Toronto |
| Municipality: | Toronto |
| Neighbourhood: | North Riverdale |
| Lot Size: | 25.00 x 98.00(Feet) |
| Tax: | $9,408 |
| Maintenance Fee: | $4,200 |
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