For Sale 52-Unit Apartment Building In Midtown Toronto Central Toronto (Toronto, Ontario, CA ) Built

$15,900,000

Dencor Realty, Inc.

Dennis Alexander Dennis Alexander (844) 953-1100 Ext 1 (Office) (416) 953-1100 (Cell) (416) 410-1100 (Fax) Request More Info

  • Type: Commercial
  • Style: Commercial
  • Development Level: Built

Description


Apartment Building with 20 Vacancies

− 52-unit apartment building
− 3% AGI application under review
− 20 vacant units with approved permits to add an
additional den to each unit
− 14 units currently undergoing renovation and 2
recently completed
− Opportunity to underpin 10,000 ft2 basement and
add 7 units
− Close proximity to TTC and the Allen Expressway
− Multiple development applications in immediate
area
− Approx. $430,000 in CapEx completed
- Option to construct addition to existing building ranging up from 2-storeys with 29 units and 21,840 ft2 of Gross Floor Area
− Multiple development applications in immediate area
− Designated Apartment Neighbourhood, supporting intensification

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