163 Walnut Ave
Trinity-Bellwoods, Toronto, M6J 3W3
FOR SALE
$995,000
Terminated
$0
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BEDROOMS0
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ROOMSC5861443
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-01-05 | 2023-01-05 | 0 | $995,000 | - | Terminated |
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Property Description
Excellent Redevelopment Opportunity For A Custom Builder In The Heart Of The City. Based On The Recent 'More Homes Built Faster Act" This Property Would Allow Up To 3 Units With Minimal To Zero Processes And No Municipal Fees. Vtb Is Available To Qualified Buyers.
Extras
Assessment Roll Legal Description. Reserve Mill Section B Pt Lot 16 Rp 66R20222 Partially 1 Legal Description. Pt Lt 16 Security B Pl Military Reserve Toronto Pt 1, 66R20222; T/With Ca799796; Toronto Property Taxes To Be Verified,No Survey Available
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Property Type
Other, 1 1/2 Storey
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Excellent investment Opportunity, 2 Legal Apartments, One Commercial Unit Plus One. Excellent Location For A New Or Established Business, Easy Access To Major Highways Such As 401 & 400, Transit. Storefront Unit On The Main Floor, 2 Bedroom and 1 Bedroom Apartments On 2nd Floor Plus 3 Bedroom Apartment on the Basement that can Be Leased Separately Or Together with the main floor. 3 units are rented. (3 Bedrooms Basement - $2,000) (2-Bed Upper level - $2,000), (Commercial Unit - $2,750), (1-Bed Upper level - Vacant with a market rent is $1,700) CAP RATE 6.64%.
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