557 Markham Street, Toronto C01, ON M6G 2L6, Toronto C01, ON
Bed 7
Bath 6
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 Highlights
For Sale
MLS NO.
C10454156
Type
Residential Freehold
Sub Type
Multiplex
Bedrooms
7
Bathrooms
6
Parking
2.0
Complete Property Details
Property Type
Residential Freehold
Sub Type
Multiplex
Transaction Type
For Sale
Status
Cancelled
Contract Status
Unavailable
MLS® Number
C10454156
Total Bedrooms
7
Bedrooms Above Grade
5
Bedrooms Below Grade
2
Total Bathrooms
6
Total Kitchens
6
Kitchens Above Grade
5
Kitchens Below Grade
1
Rooms Above Grade
14
Rooms Below Grade
5
Interior Features
On Demand Water Heater, Other
Fireplace
No
Central Vacuum Yn
No
Construction
Brick, Other
Roof
Unknown
Lot Width
22.0
Parking Features
Lane
Parking Total
2.0
Covered Spaces
2.0
Garage Type
Detached
Pool
None
Direction Facing
East
Cooling
None
Heat Source
Gas
Heat Type
Water
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
557 Markham Street, Toronto C01, ON M6G 2L6
City
Toronto C01
Neighbourhood
Palmerston-Little Italy
County / Region
Toronto
Province / State
ON
Postal Code
M6G 2L6
Cross Street
Bathurst & Bloor (Steps to transformed Mirvish Village)
List Price
$2,999,000
Annual Taxes
$9,771
Tax Year
2024
Legal Description
PT LT 7-8 PL 636 CITY WEST AS IN CT841347; CITY OF TORONTO
Possession Details
TBD
Listing Office
FREEMAN REAL ESTATE LTD.
Board
Toronto Regional Real Estate Board
Original Entry
2024-11-22T21:18:54Z
Media Updated
2024-12-11T16:17:32Z
Photos Updated
2024-12-11T16:17:30Z
Last Modified
2025-01-10T16:07:12Z
System Modified
2025-10-11T20:49:38.187173Z
MLS Status
Terminated
Architectural Style
2 1/2 Storey
Basement
Apartment, Finished with Walk-Out
Ddfyn
Yes
Expiration Date
2025-04-30
Foundation Details
Unknown
Heat Source Multi
Gas
Heat Type Multi
Water
Hstapplication
No
Occupant Type
Partial
Originating System Id
A00001796
Parcel Number
212540224
Parking Spaces
2
Property Features
Fenced Yard, Place Of Worship, Public Transit, School
Public Remarks
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.