$1,250,000

A very rare City of Toronto licensed rooming house with 14 private rooms, 6 bathrooms (some rooms with own private bathroom), 2 kitchens, and 2 car parking . This house is home to excellent tenants only, made up of high-income young professionals and university students. The property is clean, quiet, and well maintained. It offers strong income potential, with an estimated cap rate of about 8.4% when fully rented at $750 per room. Excellent location, less than 15 minutes by transit to downtown Toronto, and very close to all amenities and major transit lines. Each room is private. Kitchens and bathrooms are shared where applicable and are well maintained for simple, practical daily living. Price is firm. No vendor take-back. For More Information About This Listing, More Photos & Appointments, Please Click "View Listing On Realtor Website" Button In The Realtor.Ca Browser Version Or 'Multimedia' Button or brochure On Mobile Device App. (id:66036)