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Active

557 Markham St

Toronto Ontario, M6G 2L6

C$2,999,000


Active

7 Beds

6 Baths

Multi-family

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.

C10454156

MLS ID

December 12, 2024

Updated

Map

557 Markham St
Toronto Ontario, M6G 2L6

Interior Features

Total Stories

2


Bedrooms

7


Total Bathrooms

6


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Water, Gas

Exterior/Building Features

Lot Size

0.06 Acres


Lot Features

Fenced Yard, Place Of Worship, Public Transit, School


Sewer

Sewers

Other Property Details

Area Name

Palmerston-Little Italy


Taxes

$9,771


Tax Frequency

Annually


Garage

Yes


Garage Spaces

2


Parking

Detached


Parking Total

2


View

No


County

Ontario


Municipality

Toronto


Water Source

Municipal


Pool

No


Pool Features

None

 

Courtesy of Listed by , FREEMAN REAL ESTATE LTD.,

Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.

©2024 Toronto Real Estate Board. All rights reserved. 

Data last updated 11:05 AM UTC, 12/12/2024

 

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