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
$4,888,888
Available - For Sale
Listing ID: E9250899
648 Broadview Ave , Toronto, M4K 2P1, Ontario
| Amazing investment opportunity for a savvy investor to add to their portfolio. Huge upside revenue potential most units are well below current market rent. 11 suites-1 X 2 Bedroom, 2 X 1 Bedroom, 8 X Bachelor. Unbelievable location in Danforth/Bloor area with public transit and highways within 5 minutes of property. Oppourtunity to increase rents as tenants vacate. Area supports high end rentals. Views of CN tower from 3 balconies. Includes rooftop patio, onsite parking, 3 garages & coin-op laundry for additional income. Steps to all necessary amenities such grocery store, shops, restaurants and entertainment. |
| Extras: Over $500K +++ spent on renovations and upgrades since 2018. 4 units are completely renovated and several units updated. Fully tenanted property with additional income from coin-operated laundry and garage. Intercom system available. |
| Price | $4,888,888 |
| Taxes: | $17483.67 |
| Tax Type: | Annual |
| Occupancy by: | Tenant |
| Address: | 648 Broadview Ave , Toronto, M4K 2P1, Ontario |
| Postal Code: | M4K 2P1 |
| Province/State: | Ontario |
| Legal Description: | Pt Blk A Pl 274E Toronto Pt 1 & 4, 63R12 |
| Lot Size: | 50.00 x 140.00 (Feet) |
| Directions/Cross Streets: | South of Danforth Ave./Broadview Ave. |
| Category: | Apartment |
| Use: | Apts-6 To 12 Units |
| Building Percentage: | Y |
| Total Area: | 7000.00 |
| Total Area Code: | Sq Ft |
| Area Influences: | Major Highway Public Transit |
| Sprinklers: | N |
| Heat Type: | Water Radiators |
| Central Air Conditioning: | Part |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX REALTRON REALTY INC. |
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Kalpesh Patel (KK)
Broker
Dir:
416-418-7039
Bus:
416-747-9777
Fax:
416-747-7135
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Toronto |
| Municipality: | Toronto |
| Neighbourhood: | North Riverdale |
| Lot Size: | 50.00 x 140.00(Feet) |
| Tax: | $17,483.67 |
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