901 Victoria St N Kitchener, ON

557 Markham Street, Toronto (Palmerston-Little Italy), Ontario M6G 2L6 (27677867)


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557 Markham Street Toronto (Palmerston-Little Italy), Ontario M6G 2L6

7 Bedroom 6 Bathroom
Hot Water Radiator Heat

$2,999,000

Turnkey investment in the heart of Little Italy! This grand semi-detached home at Bloor & Bathurst offers 6 self-contained rental units (5 occupied) a perfect portfolio addition. The property features 5 one-bedroom units and a spacious 2-level, 2-bedroom suite, and many updates throughout the property. Solid & sympatico tenants provide peace of mind to this investment opportunity. Unbeatable location: steps to Bloor St, Bathurst Subway, U of T, and directly across from the redeveloped and new Mirvish Village. Enjoy nearby shopping, parks, cafes, and dining. Five units enjoy outdoor spaces, two include in-unit laundry, and there's a 2-car garage with laneway access plus a laneway suite study offering exciting development potential. Monthly revenue is approx. $10,320/mo, and once fully occupied projected monthly revenue of $12,580/mo is expected once the recently renovated unit is leased. Investment opportunity not to be missed. **** EXTRAS **** Strength in numbers: 555 & 565 Markham St. are also for sale (MLS). Maximize your economies of scale, or dream bigger and assemble 3 flagship properties in enviable location. Located on a Low-Traffic, Tree-lined, One-way Street. (id:50976)

Property Details

MLS® Number C10454156
Property Type Multi-family
Community Name Palmerston-Little Italy
Amenities Near By Place Of Worship, Public Transit, Schools
Equipment Type Water Heater - Tankless
Features Lane
Parking Space Total 2
Rental Equipment Type Water Heater - Tankless
Structure Deck, Porch

Building

Bathroom Total 6
Bedrooms Above Ground 5
Bedrooms Below Ground 2
Bedrooms Total 7
Appliances Water Heater - Tankless, Dryer, Refrigerator, Stove, Washer
Basement Development Finished
Basement Features Apartment In Basement, Walk Out
Basement Type N/a (finished)
Exterior Finish Brick
Flooring Type Hardwood, Laminate, Tile
Foundation Type Unknown
Heating Fuel Natural Gas
Heating Type Hot Water Radiator Heat
Stories Total 3
Type Other
Utility Water Municipal Water

Parking

Detached Garage

Land

Acreage No
Fence Type Fenced Yard
Land Amenities Place Of Worship, Public Transit, Schools
Sewer Sanitary Sewer
Size Depth 125 Ft
Size Frontage 22 Ft
Size Irregular 22 X 125 Ft
Size Total Text 22 X 125 Ft

Rooms

Level Type Dimensions
Second Level Bedroom 2.44 m x 3.56 m
Second Level Living Room 4.37 m x 3.99 m
Second Level Bedroom 4.83 m x 4.22 m
Second Level Kitchen 2.9 m x 2.34 m
Second Level Living Room 2.44 m x 3.05 m
Third Level Living Room 3.35 m x 4.06 m
Main Level Living Room 4.57 m x 4.01 m
Main Level Bedroom 4.11 m x 5.21 m
Main Level Kitchen 2.13 m x 2.49 m
Main Level Living Room 5.44 m x 3.05 m
Main Level Bedroom 4.98 m x 3.4 m
Main Level Kitchen 3.71 m x 2.13 m

https://www.realtor.ca/real-estate/27677867/557-markham-street-toronto-palmerston-little-italy-palmerston-little-italy

Interested?

Contact us for more information


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Daniel Todd Freeman
Broker

(416) 937-5556
www.torontorealestate.org

Freeman Real Estate Ltd.
988 Bathurst Street
Toronto, Ontario M5R 3G6

(416) 535-3103
(416) 535-3106
https://www.facebook.com/FreemanRealEstateltdbrokerage
https://twitter.com/Freeman_Realty

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