434 Parliament St, Toronto, M5A 3A2

Listing Overview

Description

2 commercial units & 7 residential units (3 bachelors, 3 two bedrooms, 1 three bedroom) two double garage. All residential units have own washer & dryer, fridge & stove. Have building permits to convert the three bedroom units to 1 bachelor and 1 two bedroom unit,. For 2022 Gross Rent about $205,000, Net about $116,000, Great Location, TTC, restaurants, banks, No frills Store etc. all within walking distance. Owner is the Listing Agent. Owner is considering retirement. Great opportunity for someone who has time to manage the property. Fronting on Parliament Street back on Catbird Lane, possible potential for Lane way addition. Buyer & buyer's agent to verify listing details and measurements. Can consider VTB at current rate with 30% down payment/ **EXTRAS** Existing Hot water boiler, existing 7 sets of fridge & stove, existing 6 set of washer & dryer.

2 years

On Market

Commercial/Retail

Property Type

$33,916 / Year

Est. Taxes

Multi-Use

Style

Retail Store Related

Business Type

N

Franchise

Location & Areas