Photo of 115 Richmond Street Unit 1Just Listed
$39,000
115 Richmond Street Unit 1
Positioned on a premier street in one of Toronto's most resilient rental markets, this beautifully renovated 3 unit residential property offers a premium addition to any portfolio, offered at a stellar 5.52% Cap Rate, a benchmark return increasingly difficult to find within the city's core. The versatile suite mix attracts high-quality, long-term tenants to ensure minimal vacancy and consistent revenue, while extensive capital improvements mean the heavy lifting has already been done. Steps from local cafes, transit, and parks, this highly rentable location commands premium market rates and boasts a low turnover. Perfect for any investor looking for immediate cash flow and effortless management, this property delivers stable, predictable returns from day one.
| MLS® Number | C13150606 |
| Status |
| Active |
| Listing Type | For Sale |
| Property Type | Multi-Family |
| Interior Size | 2,000 sq ft |
| Beds / Baths | 5 bed · 4 bath |
| City | Regent Park / Cabbagetown / St. James Town |
| Postal Code | M5A 2T2 |
| Province | ON |
| Listed Date | May 23, 2026 |
| Days on Market | 20 |
| Price per Sq Ft | $750 |
| Brokerage | BOSLEY REAL ESTATE LTD. |
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