$XXX,XXX
Status: OFF MARKET
4.00% Cap Rate With Assumable First Mortgage Of $5.29 Million (5-Year Fixed Rate 2.30%, 40-Year Amortization). Gross Income Of $364K And Noi Of $265K. Recently Renovated 17-Unit Apartment Building With The Ability To Add Two New Bachelor Units. 11X1-Bed Units And 6X2-Bed Units. 14/17 Units Renovated To Condo Standards And Pay Their Own Hydro. **** Extras **** Brand New Stainless Appliances, In-Suite Laundry, And Air Conditioning. Roof And Windows Replaced In 2020. Common Areas Fully Renovated. Stainless Steel Kitchen Apps, 17 Fridges, Stoves, Dishwashers, And Microwaves.
| Price | :$7,000,000 |
| Property Taxes | :$24896.35 |
| Tax Year | :2021 |
| Cross Street | :Donlands Ave/O'connor |
| Fireplace/Stove | :No |
31 May, 2022
TREB #E5640037
Available
$7000000.0
257 Torrens Ave is an ideal solution for individuals, business owners and entrepreneurs seeking commercial space tailored to their specific requirements. Corporates, small business owners and individuals alike will appreciate this 257 Torrens Ave with a highly strategic location at the M4J2P6 in Ontario. Working out of this spacious commercial property in Canada will ensure higher productivity, greater wellbeing of employees/workers and highly convenient access points all around.
257 Torrens Ave offers approx. square footage with ample provisions for quality infrastructure and amenities for the workplace. Check the E5640037 carefully along with the project before checking out how it compares to similar Commercial situated nearby. Enjoy the benefits of reasonable 24896.35 and an attractive 7,000,000 while getting several vibrant East York benefits at the same time.
This Sale can be readily found online by searching for the right Commercial in Canada, particularly in your desired Ontario and M4J2P6. You will enjoy ample sqft at this project along with getting access to the best infrastructure including and Outside/Surface for accommodating vehicles in tandem with , and easy access to the nearest cross street which is Donlands Ave/O'connor. The locality has a good walk score while offering easy access to public transit facilities and an excellent bike score , making it highly convenient for your people to reach in a timely manner without any hassles at all.
You can check out several attractive $35,000 available on the 7,000,000 and these help in making things more pocket-friendly and comfortable for you by all means. You should keep an eye out for special $35,000 and other attractive incentives for buying this Commercial in Ontario and at M4J2P6. Based upon the sheer approx. square footage available for users along with amenities, this makes for a value proposition by all means. This E5640037 offers a safe, secure and comfortable experience for users in Canada. Experience luxurious, comfortable and sleek experiences at this stylishly designed Commercial with the best materials and fixtures for company. Construction quality is top-notch while you can expect a highly convenient and innovative layout along with suitable configurations for enabling a modern workforce.
Pocket-friendly pricing aside, you will get all assistance with mortgages at reasonable rates along with customer support round the clock online for attending to all your queries and helping you close the deal for this Commercial successfully. 257 Torrens Ave promises to be a great option for those seeking elegantly designed commercial spaces suitable for meeting multifarious needs. The need of the hour is designing spaces which are located amidst good communities with proper public amenities and facilities and also suitable infrastructure at the same time. Commercial properties in Canada are available with elegant and stylish designs at M4J2P6 and you will find a value addition at 257 Torrens Ave by all means.
