1853 Lawrence Ave, Toronto, M1R 2Y3

Home Overview

Description

Amazing Investment Opportunity with Endless Potential! Fantastic Building has 3 units, Ground Floor Retail Unit rented to a well known beauty salon for $2590 + Utilities & Oversized, Bright Second Floor Residential 2 Bedroom Apartment rented For $1890 + Hydro (very good tenant) ! Also A Fully Finished Basement With A Huge Rec Rm, Bedroom,Storage,Full Kitchen And 3 Pc Washroom, separate entrance rented to a cultural centre for $1200 + Utilities (Renter is a friend) Potential is higher. Gross income $5680/month. Very low expenses (Property tax is 800/month + Insurance 150/month). Priced to sell, Excellent cashflow with great potential.

27 days

On Market

Commercial/Retail

Property Type

$9,601 / Year

Est. Annual Taxes

Retail

Style

Plaza

Garage

Y

Basement

Location & Areas