372 George St
Moss Park, Downtown Toronto, M5A 2N3
FOR SALE
$2,699,000
Expired
$0
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9 + 6
BEDROOMS4
BATHROOMS1 + 1
KITCHENS16 + 4
ROOMSC8018894
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-01-23 | 2024-03-22 | 60 | $2,699,000 | - | Expired |
| 2023-10-20 | 2024-01-19 | 92 | $2,899,900 | - | Expired |
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Property Description
Rooming House under 2008 permit containing 15 dwelling rooms in a ready-to-license property renovated top to bottom! Reach out for a comprehensive info package and to schedule a tour. Unparallelled rental income potential exceeding 6% cap rate and primed for significant upside in a location undergoing a profound transformation with the George Street Revitalization project across the street, highrise developments all around, and the best of Toronto already within walking distance. The three above-grade floors each feature four bedrooms sharing kitchen and bathroom facilities, plus a below-grade self-contained three-bedroom unit with both front and rear access. All throughout: cast iron water radiant heating, new tilt and turn windows, new vinyl plank flooring, new lighting, new fire safety components, new drywall, new doors, new carpet for stairs, new cabinets, new vanities, and a huge rooftop deck providing skyline views allowed by the 2008 permit.
Extras
Gas boiler, gas hot water tank, 2x Fridges, 1x electric stove, 2x stove hood exhaust, 1x dishwasher, 1x microwave, interconnected fire alarm and pull station system.
Nearby Intersections
Jarvis & Dundas (134)
Jarvis & Carlton (100)
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Property Details
Street
Community
City
Property Type
Detached, 3-Storey
Lot Size
22' x 81'
Fronting
West
Taxes
$6,116 (2023)
Basement
Apartment
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Driveway
None
Garage Type
None
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