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557 Markham Street Toronto, 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:58671)

Property Details

MLS® Number	C10454156
Property Type	Multi-family
Community Name	Palmerston-Little Italy
AmenitiesNearBy	Place Of Worship, Public Transit, Schools
EquipmentType	Water Heater - Tankless
Features	Lane
ParkingSpaceTotal	2
RentalEquipmentType	Water Heater - Tankless
Structure	Deck, Porch

Building

BathroomTotal	6
BedroomsAboveGround	5
BedroomsBelowGround	2
BedroomsTotal	7
Appliances	Water Heater - Tankless, Dryer, Refrigerator, Stove, Washer
BasementDevelopment	Finished
BasementFeatures	Apartment In Basement, Walk Out
BasementType	N/a (finished)
ExteriorFinish	Brick
FlooringType	Hardwood, Laminate, Tile
FoundationType	Unknown
HeatingFuel	Natural Gas
HeatingType	Hot Water Radiator Heat
StoriesTotal	3
Type	Other
UtilityWater	Municipal Water

Parking

Detached Garage

Land

Acreage	No
FenceType	Fenced Yard
LandAmenities	Place Of Worship, Public Transit, Schools
Sewer	Sanitary Sewer
SizeDepth	125 Ft
SizeFrontage	22 Ft
SizeIrregular	22 X 125 Ft
SizeTotalText	22 X 125 Ft

Rooms

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

Aerial

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

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Last Updated
November 23 2024 12:29:53

Data Provider
Toronto Real Estate Board

Listing Office
Freeman Real Estate Ltd.

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