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Listing photo of 1311 PAPE AVENUE

Toronto

Toronto

$4,158,888

1311 PAPE AVENUE, Toronto, M4K3W9

MLS Number: E13181652

Beds

0

Baths

0

Listing

For Sale

Type

Freehold

Square Feet

N/A

Prime Riverdale / Danforth Investment Opportunity. Rare Fully Rebuilt Down-To-The-Studs 10-Unit Victorian Apartment Building In One Of Toronto's Most Desirable East-End Rental Corridors. Featuring 10 Fully Vacant Self-Contained Suites Comprised Of 8 Spacious One-Bedroom Units And 2 Large Two-Bedroom Units, Offering Investors Complete Flexibility With Tenant Selection And Rental Positioning From Day One.Extensively Renovated With New Plumbing, New Electrical Throughout, New Furnace & Updated Mechanical Systems, Energy-Efficient Windows & Doors, Modern Fire-Rated Construction, Smart Main Building Entry System, Security Cameras Throughout, Contemporary Kitchens & Bathrooms, Frameless Glass Showers, Premium Flooring, Pot Lights And High-End Finishes Throughout. All 10 Suites Are Equipped With Refrigerators, Gas Stoves And Microwaves, Providing A Fully Functional Turnkey Residential Setup, While Preserving The Original Brick Exterior And Historic Character.Large Lot Featuring 12 Surface Parking Spaces, Attractive Outdoor Space With Potential Tenant Lounge / Garden Area, Separately Metered Hydro And Strong Long-Term Rental Appeal In A High-Demand Location.Walking Distance To TTC, Danforth Shops, Restaurants, Parks & Everyday Amenities. Future Transit And Infrastructure Improvements In The Area May Further Enhance Long-Term Accessibility And Tenant Demand.A Rare Turnkey Multi-Residential Asset Offering Modern Infrastructure, Minimal Deferred Capital Expenditure Expectations And Strong Investment Fundamentals In One Of Toronto's Most Established Rental Markets.

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1311 PAPE AVENUE, Toronto, M4K3W9

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Down Payment

$831,778

Mortgage Amount

$3,327,110

Principal + Interest

$19,237 / mo

5-Year Term Payments

$1,154,239

Estimated Monthly Carrying Cost

$19,887

Includes principal, interest, property tax, condo fees, and heating estimates.

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