Corporate Disposal: High Income Generating Block - On Auction 21 November
On Auction 21 November - Corporate Disposal: High Income Generating Block
This stunning block in the heart of the Inner City is comprised of 48 residential units which configured to allow for upside if converting the larger units.
The current configuration is as follows:
One Bed - 38 Two Bed - 7 Three Bed - 2 Total Units - 48
This well located apartment building is an exceptional investment property that combines residential comfort with commercial potential. Comprised of 48 residential units and strategically located for maximum convenience, this property is a gem for investors looking to capitalize on urban living.
Potential for Upside: This property is configured to allow for the conversion of the larger units, presenting a unique opportunity to maximize rental income and increase overall property value.
Ground Retail Space: The building includes ground-floor retail space, offering additional income potential and convenience for residents. This space is perfect for a variety of businesses, from cafes and boutiques to essential services, enhancing the appeal.
Features
Building Name Toronto House
Zoning Commercial
Floor Size 495m²
Land Size 495m²
Security Yes