About this property

4.8% cap rate! Seller wants it SOLD! 5 units! detached, with parking in the rear. 4 residential one bedroom units (currently occupied, buyer to assume existing tenants). One retail unit, currently a convenience store (Vacant early 2025). Estimated rent $100K per year. This five-unit apartment building offers a blend of investment and safe returns. It provides steady rental income, tax benefits, and the chance to enhance the property's value over time. Its an ideal entry into real estate, combining financial growth with safe, reliable income...St. Clair West and Bathurst Street combines urban energy with a strong sense of community. The area is lively and diverse, featuring a mix of restaurants, cafes, and unique shops that reflect the multicultural fabric of the city. Wychwood Barns Park offers green space and hosts a popular weekend farmers' market, while nearby Cedarvale Park provides trails, sports fields, and off-leash areas for dogs. The neighborhoods excellent public transit options make commuting downtown easy, yet it feels comfortably removed from the city's busiest areas. St. Clair West is a neighborhood that balances convenience, culture, and community charm. Financials on attachments.

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	C10409096
Status	Sold
Listing Type	For Sale
Property Type	Multi-Family
Interior Size	1,100 sq ft
Beds / Baths	4 bed · 5 bath
Neighbourhood	Humewood-Cedarvale
City	Forest Hill / Deer Park
Postal Code	M5P 3H3
Province	ON
Listed Date	November 4, 2024
Brokerage	HARVEY KALLES REAL ESTATE LTD.