The Story Team, Broker/Sales Representative
905 844 1208
$3,299,900
Active
10
$3,299,900
1340 King St
Toronto, Ontario M6K1H1
Active
10
commercial3,920 sqft
15 Bathroom
Map

Description

15 Units - All One Bedrooms. One Of A Kind Investment Property In The Trendy South Parkdale Neighbourhood. Well Maintained. Tenants Pay Their Own Hydro (Sixteen Hydro Meters). Street Car Stops Right Outside Your Front Door And Allows Access To The City's Center In Twenty Minutes. Enjoy The Perks Of City Life Without Having To Live Right In The Hustle Bustle. Abundance Of Parks Surround The Property; Ten Minute Walk To Marilyn Bell Park And Lake.
Gross Income Of $126,072 Rents Well Below Market. Possible Market Rents $226,000 Gross And $166,000 Net. See Attached Financials. Four Hot Water Tanks (Rented). Please Do Not Ask About Vacant Possession. Tenants To Be Assumed.

More Details

Features

MLS®W3997425
Price$3,299,900
CityToronto
ProvinceOntario
Postal CodeM6K1H1
Property Typecommercial
AreaSouth Parkdale
Major intersectionKing St W & Dufferin
Bathrooms15
Possession dateImm/Tba
Acres40.75x163.00 FT
Taxes21362

Listing Provided By:

HARVEY KALLES REAL ESTATE LTD., BROKERAGE

Contact Agent