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Last Updated : 86 Days ago
156 Barrington Avenue, E03, ON, Crescent Town
MLS Number: XXXXXXX

156 Barrington Avenue, E03

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156 Barrington Avenue, Toronto MLS Number: 40675484

Crescent Town, E03, Toronto, ON, M4C 4Z2

$5,199,888

Status: Sold

  • 12 Baths
  • Area : 12240 sqft
  • Property Type: Residential Income (Multi Family)
  • Property Taxes : $17853.18 (Tax Year:2024)
  • Listing Courtesy : Re/max Gold Realty Inc., Brokerage

156 Barrington Avenue Property Description

This exclusive 12-unit apartment building in Toronto's East End offers a high-yieldinvestment with a 2023 net operating income of $313,042 and a 5.8% cap rate. With1 bachelor unit and 11 two-bedroom units, this 3-storey walk-up features intercomaccess, coin-operated laundry, and 8 rentable parking spaces, all designed tomaximize income potential. Strategically upgraded, the property includes renovatedkitchens, bathrooms, fresh paint, modern flooring, and 100-amp panels in eachunit. A new boiler (2021) and 13 hydro meters add efficiency, making it anattractive choice for tenants and owners. Located near Danforth Village, MainStreet Subway, and Danforth GO, the building is ideally situated for commuters,providing easy access to downtown Toronto and nearby amenities like parks,schools, and Greektowns vibrant community. High demand and rising rental ratesmake this area highly sought-after with low vacancy rates. With limited newconstruction, this property stands out as a turnkey investment with strong cashflow in a growing market.

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156 Barrington Avenue Property Facts

Property Type :Residential Income
MLS Number :40675484
Listing Type :Sale
Property Age :51-99 Years
Possession Date :
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Last Updated :06 Jan, 2026 (86 Days ago)
Source :Barrie
Area :Toronto
City :Toronto
Area Major :TE03 - Toronto East
Area Minor :TECT - Crescent Town
Postal Code : M4C 4Z2
Directions :Danforth /Main Street

156 Barrington Avenue Property Price & Tax Insights

Price : $5,199,888
Property Taxes :$17853.18
Tax Year :2024

156 Barrington Avenue, E03 Property Details

Heating :Natural Gas
Bathrooms :12
Approx Square Footage :12240 sqft

156 Barrington Avenue, E03 - Price History

2025-05

02 May, 2025

TREB #40675484

Back On Market

$5199888

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  • 6
  • 12
  • 18
  • 24
  • 30+
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