Realestate

Property Details

1 of 40
$3,999,900
93 Spadina Road, Toronto C02, ON M5R 2T1
2
16
MLS®C13753714
Property Type
Residential Freehold
Sub Type
Multiplex
Heating
Baseboard
Cooling
Window Unit(s)
Lot Size
130 x 32 Feet
Approx Age
N/A
Turnkey 16-unit residential investment in the heart of the Annex, offered as two buildings on one lot: 14 studios in the main building plus a coach house with two one-bedroom units. Gross revenue of $268,906 with a projected NOI of $198,397. Private drive with three parking spots located literally one door over from the entrance to the Spadina TTC Subway Station and a 12-min walk to University of Toronto St. George campus. Meticulously maintained under long-term ownership. This is an investors' dream property. Tenant demand in this pocket is deep enough that vacancies typically draw multiple qualified applications. Rare opportunity in Toronto's most resilient neighborhood.
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