Turnkey 16-unit residential investment in the heart of the Annex, offered as two buildings on one lot: 14 studios in the main building plus a coach house with two one-bedroom units. Gross revenue of approx. $268,000 with a projected NOI of $195,000. Private drive with three parking spots located literally one door over from the entrance to the Spadina TTC Subway Station and a 12-min walk to University of Toronto St. George campus. Meticulously maintained under long-term ownership. This is an investors' dream property. Tenant demand in this pocket is deep enough that vacancies typically draw multiple qualified applications. Rare opportunity in Toronto's most resilient neighborhood.
| MLS # | C13753714 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 54 |
| Listing Provided By | RE/MAX ULTIMATE REALTY INC. | C13753714 498703 |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 16 |
| Basement | Y |
| Story(s) | 3 |
| Acreage | 0.10 |
| Interior Features | Central Vacuum, Intercom |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Cooling | Window Unit(s) |
| Heat Source | Electric |
| Fireplace Yes / No | No |
| Rooms Total | 0 |
| Roof | Asphalt Shingle |
|---|---|
| Foundation Details | Brick |
| Construction Materials | Brick |
| Garage Yes / No | No |
|---|
| Sewer | Sewer |
|---|
| Tax Annual Amount | 12722.02 |
|---|---|
| Tax Legal Description | Plan M2 Pt Lot 69 Pt Lot 70 |
| Tax Year | 2026 |
| Province | ON |
|---|---|
| County | Toronto |
| City | Toronto C02 |
| Postal Code | M5R 2T1 |
| Area | Annex |
| Listing VS Median (in M5R 2T1) | |
Price: $3,999,900 low | high Med: $3,999,900 On site: 54 low | high Med: 54 | |
| Province | ON |
|---|---|
| County | Toronto |
| City | Toronto C02 |
| Postal Code | M5R 2T1 |
| Area | Annex |
| Listing VS Median (in M5R 2T1) | |
Price: $3,999,900 low | high Med: $3,999,900 On site: 54 low | high Med: 54 | |