147 Vaughan RD new

Toronto C03,ON M6C 2L9

$ 3595000

- Bed

- Bath

8000 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 8,000 sqft

Price per Sqft $449

Subdivision Humewood-Cedarvale

MLS Listing ID C12136939

Annual Tax Amount $15,484

Tax Year 2024

Property Sub-Type Investment

Property Description

Opportunity to acquire a 12-unit walk-up Apartment building in the highly sought after pocket of Humewood-Cedarvale just steps from St Clair Ave W Subway Station. The property has undergone extensive renovations over the past 8 years offering prospective purchasers a passive investment opportunity with no immediate Capital Expenditures forecasted in the near or medium term. Committee of Adjustment approval to construct a new 12-Storey Apartment building containing 80 Units. Very strong in-place income allowing for an attractive acquisition loan amount through CMHC. 147 Vaughan Rd Property Specific Details Lot Size: 5,167 ft Frontage: 40.05 ft Depth: 129.16 ft Taxes: $15,484 (2024)

Location

Province ON

County Toronto

Community Humewood-Cedarvale

Area Toronto

Zoning RA (x777)

Interior

Cooling No

Exterior

Utilities Available Yes

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