1311 PAPE AVENUE, Toronto, Ontario, M4K 3W9

MLS® # E13181652

Investment For Sale In Todmorden Village, Toronto, Ontario

$4,688,888

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1311 Pape Avenue, Toronto, ON - With View

1311 Pape Avenue, Toronto, ON - Indoor Photo Showing Other Room

1311 Pape Avenue, Toronto, ON - Indoor Photo Showing Kitchen

1311 Pape Avenue, Toronto, ON - Indoor Photo Showing Bathroom

1311 Pape Avenue, Toronto, ON - Indoor Photo Showing Basement

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1311 PAPE AVENUE, Toronto, Ontario, M4K 3W9

$4,688,888

Property Information:

Prime Riverdale / Danforth Investment Opportunity. Rare Fully Rebuilt Down-To-The-Studs 10-Unit Victorian Apartment Building In One Of Toronto's Most Desirable East-End Rental Corridors. Featuring 10 Fully Vacant Self-Contained Suites Comprised Of 8 Spacious One-Bedroom Units And 2 Large Two-Bedroom Units, Offering Investors Complete Flexibility With Tenant Selection And Rental Positioning From Day One.Extensively Renovated With New Plumbing, New Electrical Throughout, New Furnace & Updated Mechanical Systems, Energy-Efficient Windows & Doors, Modern Fire-Rated Construction, Smart Main Building Entry System, Security Cameras Throughout, Contemporary Kitchens & Bathrooms, Frameless Glass Showers, Premium Flooring, Pot Lights And High-End Finishes Throughout. All 10 Suites Are Equipped With Refrigerators, Gas Stoves And Microwaves, Providing A Fully Functional Turnkey Residential Setup, While Preserving The Original Brick Exterior And Historic Character.Large Lot Featuring 12 Surface Parking Spaces, Attractive Outdoor Space With Potential Tenant Lounge / Garden Area, Separately Metered Hydro And Strong Long-Term Rental Appeal In A High-Demand Location.Walking Distance To TTC, Danforth Shops, Restaurants, Parks & Everyday Amenities. Future Transit And Infrastructure Improvements In The Area May Further Enhance Long-Term Accessibility And Tenant Demand.A Rare Turnkey Multi-Residential Asset Offering Modern Infrastructure, Minimal Deferred Capital Expenditure Expectations And Strong Investment Fundamentals In One Of Toronto's Most Established Rental Markets. (id:27)

Building Features:

Style: Multiplex
Building Type: Multi-Family
Heating Type:
Cooling Type: None

Property Features:

Property Type: Multi-family
Amenities Nearby: Public Transit, Highway
Irregular: Yes
Lot Depth: 111.5 Feet
Lot Frontage: 107 Feet
Lot Size: Bldg=107 x 111.56 FT
Zoning: R1C (Rd)
No. of Parking Spaces: 12

Courtesy of: BAY STREET GROUP INC.

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