FOR SALE
$4,999,900
Sold
$4,600,000
223 River St, Downtown Toronto
223 River St
223 River St
223 River St
223 River St
223 River St
223 River St
223 River St
223 River St
223 River St
9 + 4
BEDROOMS
12
BATHROOMS
6 + 4
KITCHENS
10
ROOMS
C5902143
MLSID
Contact Us
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-02-09 2023-02-17 8 $4,999,900 $4,600,000 Sold
2022-06-27 2022-09-29 94 $6,499,900 - Terminated
Property Description
Unique Opportunity To Acquire A Turn-Key Investment Property In One Of The Most Redeveloping Neighborhoods Of Toronto With An Opportunity For A Future Land Assembly. 10 Income-Producing Turn-Key Units Have The Potential To Generate A 5%+ Cap Rate For Their Investors. All Units Were Tastefully Renovated & Updated Over The Years. The Owner's Own 3Br 2Wr Suite Is Ideal For A Live-In Investor/Operator. Ample Backyard Parking Behind The Private Gate Easily Fits 8+ Vehicles. The Tesla Charger Rough-In Is In Place & Ready To Use. Located Right Across The Street From The Future Regent Park Redevelopment Project To Be Completed By Tridel & Steps Away From Cabbage Town With Its Amenities.
Extras
Furnace (Rental), Hwt's (Rental) A/C, All Existing Appliances & Light Fixtures Are Included In The Sale. Request A Detailed 3D Tour For More Details. ***Click On Virtual Tour For Floor Plans***
Property Features
Electric Car Charger, Park, Place Of Worship, Public Transit, Rec Centre, School
Property Details
Street
Property Type
Multiplex, 2-Storey
Approximate Sq.Ft.
5000+
Lot Size
50' x 110'
Fronting
East
Taxes
$12,443 (2023)
Basement
Apartment
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
10
Driveway
Rt-Of-Way
Garage Type
None
Room Summary
RoomLevelSizeFeatures
BrLower6.89' x 11.15'Laminate, Window, Closet
BrLower6.89' x 10.83'Closet, Laminate, Led Lighting
BrLower6.89' x 11.15'Led Lighting, Closet, Laminate
BrMain11.81' x 14.11'Window, Laminate, Closet
BrMain10.83' x 17.06'Laminate, Window, Closet
BrMain9.51' x 10.83'Window, Laminate, Led Lighting
Br2nd14.11' x 10.83'Fireplace, Bay Window, 4 Pc Ensuite
Br2nd7.87' x 12.80'Window, Led Lighting, Laminate
Br2nd6.56' x 9.19'Ceiling Fan, Window, Laminate
Br2nd9.19' x 9.84'Closet, Laminate, Window
Br2nd8.20' x 13.78'Led Lighting, Window, Laminate
Br2nd12.80' x 19.03'Bay Window, 3 Pc Ensuite, Laminate
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Great investment opportunity in the spectacular Downsview area! This 11 unit multi-plex has 1 bachelor unit, six 1-bedroom units, and four 2-bedroom units. All apartments are above ground - 3 on the lower level and 4 on each of the other levels. This multi-plex is a walk away from Downsview Park, which includes many different sports facilities, trails, and an urban agricultural farm! Minutes from the 401, Humber River Hospital, grocery, TTC, and multiple elementary and secondary schools. You won't want to miss out on this investment!
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