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C5941555
$1

966 College St (College St. / Dovercourt Rd.)

Price: $1

Status: For Sale 

MLS®#: C5941555

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$1
  • Tax: $11,034/Annual (2022)
  • Community:Dufferin Grove
  • City:Toronto
  • Type:Commercial
  • Style:Office
  • Size: 2,550 Sq Ft
  • Basement:Y
  • Garage:Outside/Surface

Features:

  • HeatingGas Hot Water
  • Sewer/Water SystemsSanitary, Municipal

Listing Contracted With: ROYAL LEPAGE REAL ESTATE SERVICES LTD., BROKERAGE

Description

An Excellent Investment Opportunity In Dufferin Grove. Retail Unit Was Recently Renovated And Offers Excellent Income. Second Floor Apartment Is Currently Undergoing Top-Of-The-Line Renovations. Net Income Is Over $117,000 With The Upside On Turnover Of The Second Floor Tenant, Who Is Currently Paying Below Market Rent. Before The Closing The Landlord Will Finish Renovations To The Second Floor Apartment, Update The Hallways, Facade And Replace The Third Floor Windows. The Owner Has Invested Around $100,000 In Renovations So Far. 5% Going-In Cap Rate.

Highlights

Vendor Financing And Vacant Possession Possible

Want to learn more about 966 College St (College St. / Dovercourt Rd.)?

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’

Lisa Graham

Sales Representative

Royal LePage, Johnston & Daniel Division

Integrity. Expertise. Outstanding Results.
Lisa Graham

Lisa Graham

Sales Representative

Royal LePage, Johnston & Daniel Division

Integrity. Expertise. Outstanding Results.

477 Mount Pleasant Road, Toronto, Ontario, M4S 2L9

lisa@lisagrahamhomes.com

(647) 203-1800

(416) 489-2121

(416) 489-6297
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