206 Carlton St
Toronto, M5A2L1
For Sale
$5,275,000
➧
➧
Apartment
CATEGORY3,840 Sq Ft
TOTAL AREAC9345098
MLSIDContact Us
Property Description
Rare investment opportunity, 5% Cap Rate, with further value add opportunity available. 206 Carlton St. is a 3 storey, 3,841 SF student house in downtown Toronto. The building has 20 units, all fully occupied, with 4 more additional units being added. Upgraded cosmetic renovation complete in 2021 along with new appliances & HVAC. 206 Carlton St. has excellent exposure to nearby city transit with bus stops right outside the front door and the nearest subway entrance is within walking distance.
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Property Details
Category
Apartment
Usage
Apts-Over 20 Units
Zoning
Cr1.5
Total Area
3,840 Sq Ft
Lot Size
25' x 120'
Taxes
$10,629 (2024)
Parking Spaces
2
Air Conditioning
Yes
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Listing contracted with International Realty Firm, Inc.
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