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1051 Victoria Park Ave

12 Unit Block of Flats £3,201,627 (£266,802/Unit) 4.68% Net Initial Yield Toronto, ON M4B 2W8

Executive Summary

Wondering Investment Opportunity 12 Unit Building In Great Condition All Units Completely Renovated With In Suite Laundry New Stainless Steel Appliances New Parking Lot, New Furnace, New Hot Water Tank, Separate Hydro Meters, Renovated Hallways, 7 Garages Plus Extra Surface Parking Great Rental Income 4.6% Cap Rate, excellent financing in place buyer can assume CMHC mortgage at 4.22% for the next 10 yrs Walking Distance To Ttc Very Close To Shopping, Schools, Park, Buss Stop Across The Street From The Building.

Property Facts

Price £3,201,627
Price Per Unit £266,802
Sale Type Investment
Net Initial Yield 4.68%
No. Units 12
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.25 AC
Building Size 8,550 SF
Number of Floors 3
Year Built 1969
Parking Ratio 0.81/1,000 SF
Walk Score ®
Very Walkable (87)
Transit Score ®
Excellent Transit (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code RA
RA
  • Listing ID: 28411044

  • Date on Market: 05/05/2023

  • Last Updated:

  • Address: 1051 Victoria Park Ave, Toronto, ON M4B 2W8

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