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1051 Victoria Park Ave 12 Unit Apartment Building $5,750,000 CAD ($479,167 CAD/Unit) 4.72% Cap Rate Toronto, ON M4B 2W8
Investment Highlights
- Steps from St. Clair Avenue East with easy access to TTC transit, shopping, and community amenities.
- Building offers outdoor and covered parking, security surveillance, and a pet-friendly policy.
Executive Summary
Wondering Investment Opportunity 12 Unit Building In Great Condition All Units Completely Renovated With In Suite Laundry New Stainless Steel Appliances New Parking Lot, New Furnace, New Hot Water Tank, Separate Hydro Meters, Renovated Hallways, 7 Garages Plus Extra Surface Parking Great Rental Income 4.6% Cap Rate, excellent financing in place buyer can assume CMHC mortgage at 4.22% for the next 10 yrs Walking Distance To Ttc Very Close To Shopping, Schools, Park, Buss Stop Across The Street From The Building.
Property Facts
| Price | $5,750,000 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $479,167 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.25 AC |
| Cap Rate | 4.72% | Building Size | 8,550 SF |
| No. Units | 12 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1954 |
| Property Subtype | Apartment | Parking Ratio | 0.81/1,000 SF |
| Zoning | RA - Residential | ||
| Price | $5,750,000 CAD |
| Price Per Unit | $479,167 CAD |
| Sale Type | Investment |
| Cap Rate | 4.72% |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 8,550 SF |
| No. Stories | 3 |
| Year Built | 1954 |
| Parking Ratio | 0.81/1,000 SF |
| Zoning | RA - Residential |
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Very walkable
80/100
Moderately drivable
70/100
Exceptional public transit
90/100
Moderately bikeable
70/100
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1051 Victoria Park Ave
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