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Investment Highlights

  • Ample Amenities nearby
  • Ground Floor Commercial
  • Extremely high density area

Executive Summary

12 Floor ,190 Unit Residential Condo , Across From St.James Town

Property Facts

Total Building Size 205,044 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class A
Floors 12
Typical Floor Size 17,087 SF
Year Built 2008
Lot Size 2.20 AC
Parking Ratio 0.97/1,000 SF
Zoning R - Residential Zone

Amenities

Site Amenities

  • Elevator

1 Unit Available

Unit A+B

Unit Size 2,237 SF
Price $1,099,000 CAD
Price Per SF $491.28 CAD
Condo Use Office/Retail
Sale Type Investment or Owner User
Cap Rate 5.59%
NOI $61,434.10 CAD
Description

Owner/User Opportunity .Ground Floor Commercial Of 12 Floor ,190 Unit Residential Condo , Across From St.James Town ( Highest Density Population .)Currenty Leased To 2 Tenants With Vacant Occupancy Available For Larger Unit , Larger Space To Community Service Organization And Smaller To Optical Store .

Sale Notes

**** EXTRAS **** 1589 Sq.Ft Can Be Available For An Owner User. Current Net Income $87,856.Carefree Investment , Tenants Pays Expenses

Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
90/100
Exceptionally bikeable
90/100
  • Listing ID: 26176988

  • Date on Market: 2022-07-15

  • Last Updated:

  • Address: 225 Wellesley St E, Toronto, ON M4X 1X8

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