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. (id:47421)
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Detailed Information
Lot
25 x 120 ft
Amenities Nearby
Public Transit
Listing Contract Date
2024-09-12
Location Description
Carlton & Shelburn
# of Parking Spaces
2
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
CR1.5
Business
Business Type
Residential
Business Subtype
Apartments
Building
Cooling Type
Fully air conditioned
Heating Fuel
Natural gas
Heating Type
Forced air
Type
Multi-Family
Utility Water
Municipal water
Land
Total Size
25 x 120 FT
Amenities
Public Transit
Sewer
Sanitary sewer
Size of Irregular Land
25 x 120 FT
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