Rare investment opportunity, 5% Cap Rate, with further value add opportunity available. 206 Carlton St. is a 3 storey, 3,841 SF student house in downtown Toronto. The building has 20 units, all fully occupied, with 4 more additional units being added. Upgraded cosmetic renovation complete in 2021 along with new appliances & HVAC. 206 Carlton St. has excellent exposure to nearby city transit with bus stops right outside the front door and the nearest subway entrance is within walking distance. |
Price | $5,275,000 |
Taxes: | $10629.00 |
Tax Type: | Annual |
Occupancy by: | Tenant |
Address: | 206 Carlton St , Toronto, M5A 2L1, Ontario |
Postal Code: | M5A 2L1 |
Province/State: | Ontario |
Legal Description: | LT 3 PL D190 TORONTO; CITY OF TORONTO |
Lot Size: | 25.00 x 120.00 (Feet) |
Directions/Cross Streets: | Carlton & Shelburn |
Category: | Apartment |
Use: | Apts-Over 20 Units |
Building Percentage: | Y |
Total Area: | 3840.00 |
Total Area Code: | Sq Ft |
Area Influences: | Public Transit Subways |
Approximatly Age: | 100+ |
Financial Statement: | Y |
Franchise: | N |
Outside Storage: | Y |
Heat Type: | Gas Forced Air Closd |
Central Air Conditioning: | Y |
Sewers: | Sanitary |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
INTERNATIONAL REALTY FIRM, INC. |
|
Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Toronto |
Municipality: | Toronto |
Neighbourhood: | Cabbagetown-South St. James Town |
Lot Size: | 25.00 x 120.00(Feet) |
Approximate Age: | 100+ |
Tax: | $10,629 |