290 Sheppard Ave W

14 unit rooming house under 1 head lease. Currently leased to Loft Community Services under a rooming house license paying $13,500.00 on a monthly basis. Purpose built building in terrific condition on a large 51 x 122' ft. lot. Parking for 5 cars. Please allow 48 hrs for showings.Almost a 6% cap rate

PRIME INVESTMENT OPPORTUNITY AT 1010 CALEDONIA ROAD w/ POTENTIAL ANNUAL RENTS OF APPROX. $100,000!!! ADDITIONAL UPSIDE AS PROPERTY ALSO IDEAL FOR INVESTOR / DEVELOPER AS PROPERTY HAS AS OF RIGHT ZONING FOR UP TO 6 STOREYS!!!! This three-unit home is a rare find, FULLY RENOVATED offering exceptional income in a highly sought-after area. Each unit features its own private kitchen and separate entrance, ensuring independence and convenience for tenants. Basement and Second Floor CURRENTLY RENTED FOR IN PLACE ANNUAL RENTS OF $55,500!!! Main floor currently vacant ideal for owner occupier with income in place to let someone else pay down your mortgage or investor to GENERATE ADDITIONAL RENTAL INCOME!! Situated in a vibrant neighborhood & close to key amenities, this property is ideal for investors or homeowners seeking a profitable multi-unit dwelling!!! Don't miss out on this RARE opportunity! Seller, Listing Brokerage and Selling Brokerage does not warrant legality and retrofit status of the building. Buyer must do due diligence. property sold as is