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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