206 Carlton ST Active

Toronto C08,ON M5A 2L1

$ 5275000

- Bed

- Bath

3840 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 3,840 sqft

Price per Sqft $1,373

MLS Listing ID C9345098

Annual Tax Amount $10,629

Tax Year 2024

Property Description

Rare investment opportunity, 5% Cap Rate, with further value add opportunity available. 206 Carlton St. is a 3 storey, 3,841 SF student house in downtown Toronto. The building has 20 units, all fully occupied, with 4 more additional units being added. Upgraded cosmetic renovation complete in 2021 along with new appliances & HVAC. 206 Carlton St. has excellent exposure to nearby city transit with bus stops right outside the front door and the nearest subway entrance is within walking distance.

Location

Province ON

County Toronto

Community Public Transit,Subways

Area Cabbagetown-South St. James Town

Interior

Cooling Yes

Exterior

Garage Spaces 2.0

Community Features Public Transit,Subways

Utilities Available Yes

Parking Type Double Detached

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