A pic from exterior of the house or condo, the street view for 557 Markham St, Toronto Ontario M6G 2L6
36 days on Market

557 Markham St, Toronto, Ontario M6G 2L6

Townhouse
5 + 2
6
- sqft
$2,999,000
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Townhouse
5 + 2
6
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$12,879/mo

Tax Amount (2024)$9,771/yr

Days On Market36 days


Description

Turnkey investment in the heart of Little Italy! This grand semi-detached home at Bloor & Bathurst offers 6 self-contained rental units (5 occupied) a perfect portfolio addition. The property features 5 one-bedroom units and a spacious 2-level, 2-bedroom suite, and many updates throughout the property. Solid & sympatico tenants provide peace of mind to this investment opportunity. Unbeatable location: steps to Bloor St, Bathurst Subway, U of T, and directly across from the redeveloped and new Mirvish Village. Enjoy nearby shopping, parks, cafes, and dining. Five units enjoy outdoor spaces, two include in-unit laundry, and there's a 2-car garage with laneway access plus a laneway suite study offering exciting development potential. Monthly revenue is approx. $10,320/mo, and once fully occupied projected monthly revenue of $12,580/mo is expected once the recently renovated unit is leased. Investment opportunity not to be missed.


Property Details

Style2 1/2 Storey
View-
Age of property-
SqFt-
Lot Size2,750 SqFt(125 x 22)
Parking Spaces2
MLS ®NumberC10454156
Community NameHarbord Village
Data SourceTRREB
Listing byFREEMAN REAL ESTATE LTD.

Features

Heating: Water
Basement: Apartment, Fin W/O

Main Floor

Living

4.57 x 4.01

Hardwood Floor / Combined W/Kitchen / Bay Window

Br

4.11 x 5.21

Hardwood Floor / Fireplace / French Doors

Kitchen

2.13 x 2.49

Tile Floor / Open Concept

Living

5.44 x 3.05

Laminate / Combined W/Kitchen / L-Shaped Room


Features

Lot size: 2,750 SqFt

Parking

Garage spaces 2

Garage type Detached

Other parking spaces 0

Total parking spaces 2


Property listed by FREEMAN REAL ESTATE LTD., Brokerage

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Population and Demographics

Overview

Total population 8821
Average household income $178,427

Age (%)

20 to 34
35%
35 to 49
20%
65 and plus
18%
50 to 64
16%
0 to 19
11%

Household composition (%)

Single person
44%
Single family
41%
Multi person
15%
Multi family
0%

Mother tongue (%)

English
71%
Yue (Cantonese)
5%
Mandarin
5%
Portuguese
5%
Italian
3%
Spanish
3%
French
2%
Others
2%
Korean
1%

House tenancy (%)

Renters
60%
Owners
40%

Schools and amenities

Estimated Budget