Toronto
Toronto
$3,999,900
93 SPADINA ROAD, Toronto, M5R2T1
MLS Number: C13753714
Beds
2
Baths
16
Listing
For Sale
Type
Freehold
Square Feet
5,000 - 100,000
Turnkey 16-unit residential investment in the heart of the Annex, offered as two buildings on one lot: 14 studios in the main building plus a coach house with two one-bedroom units. Gross revenue of $268,906 with a projected NOI of $198,397. Private drive with three 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. Meticulously maintained under long-term ownership. This is an investors' dream property. Tenant demand in this pocket is deep enough that vacancies typically draw multiple qualified applications. Rare opportunity in Toronto's most resilient neighborhood.
Location
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93 SPADINA ROAD, Toronto, M5R2T1
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Down Payment
$799,980
Mortgage Amount
$3,199,920
Principal + Interest
$18,502 / mo
5-Year Term Payments
$1,110,115
Estimated Monthly Carrying Cost
$19,152
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.
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