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Price/Sqft$436/sqft
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+4
Properties sold*
$1.5M
Median sold price*
*Based on last 30 days
Description
6.29% Cap rate. Massive Parkdale Mansion. Over 5000 Sq Ft. updated Units .Gross Income over $185,000.Great Tenants. Steel Roof With Lifetime Warranty. Newer Boiler With Indirect Hot Water Tank.. Very Well Maintained. Easy To Rent. Stable rental income today with strong appreciation and rent growth potential tomorrow. South Parkdale is one of Torontos most desirable multifamily investment areasoffering strong tenant demand, low vacancy, and steady cash flow today, with clear upside in rent growth as the neighbourhood continues to gentrify. Steps to downtown, transit, and the waterfront, properties here combine stability with long-term appreciation potential.
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