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Toronto
$4,399,900
93 SPADINA ROAD, Toronto, M5R2T1
MLS Number: C12873106
Beds
0
Baths
0
Listing
For Sale
Type
Freehold
Square Feet
6,140
Immaculately cared for incredible turnkey residential investment in the heart of the Annex featuring 16 total units across two buildings (14 studios in the main building and a coach house with 2 one-bedroom units). Boasting a gross revenue of $263,160.04 and a potential NOI of $205,987.47. Private drive with 3 parking spots located literally one door over from the entrance to the Spadina TTC Subway Station and a 12-min walk to University of Toronto St. George campus. Extremely high rental demand area with pretty much zero vacancy. This is an investors dream property. Every time there is a vacancy there are so many applications you get to choose the best tenants. Rare opportunity in Toronto's most resilient neighborhood.
Estimate Tool
Estimate monthly principal and interest, then add common carrying costs for a clearer planning number.
Down Payment
$879,980
Mortgage Amount
$3,519,920
Principal + Interest
$20,352 / mo
5-Year Term Payments
$1,221,129
Estimated Monthly Carrying Cost
$21,002
Includes principal, interest, property tax, condo fees, and heating estimates.
This is a planning estimate only. It excludes mortgage insurance, lender qualification rules, legal fees, insurance, utilities beyond heating, and other closing or ownership costs.
Helpful Guide
If you are planning a purchase, it helps to understand the buyer process and keep your financing and closing documents organized.
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