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$4,500,000
Status:
Well-maintained 9-unit apartment building offering stable in-place income withmeaningful upside. Six units are currently tenanted, providing immediate cash flow,while three vacant units allow a purchaser to lease at market rents and significantlyenhance revenue. Several units have been recently renovated, creating an opportunityto further elevate rents through continued turnover and modernization. Additionalvalue in the lands mid-rise development capabilities allowing up to 10-storeys and127 condominium units.
| Property Type | :Commercial |
|---|---|
| MLS Number | :E12838876 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :03 Mar, 2026 (158 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Toronto |
|---|---|
| Postal Code | :
M1K 2B2
|
| Price | : $4,500,000 |
|---|---|
| Property Taxes | :$6267.97 |
| Tax Year | :2025 |
|---|
| Air Conditioning | :Yes |
|---|---|
| Heating | :Gas Forced Air Closed |
| Cross Street | :Kennedy Road & Summer Drive |
03 Mar, 2026
TREB #E12838862
Listed
$4500000.0
