995&997 Lansdowne Ave
Dovercourt-Wallace Emerson-Junction, Toronto, M6H 3Z5
FOR SALE
$10,500,000
Terminated
$0

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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2022-05-16 | 2022-06-27 | 42 | $10,500,000 | - | Terminated |
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Property Description
This Is An Unprecedented Residential Investment Opportunity In "Turn-Key" Condition. Two Superbly Located "Purpose-Built" Detached Apartment Buildings At Dupont & Lansdowne. Being Sold Together As A Pair. Each 4-Storey Building Has 9 Suites - 18 Luxury Rental Suites In Total. These Mirror Image Buildings Were Designed, Engineered & Extensively Re-Constructed In 2016/2017. Excellent Rents & Great Tenants. Gross Income In 2021= $419,800. Higher Income In 2022. Net Income In 2021= $327,000. Most Suites Have Private Balconies/Outdoor Space. Front & Rear Staircases. Easy To Manage With "State Of The Art" Mechanical Systems & Infrastructure. All Suites Have Individual Ensuite Heating & Central Air Conditioning Systems (Fan Coil Units).16 Of 18 Suites Are Individually Hydro Metered. Immac Laundry Rooms With Coin-Operated Machines & Individual Locked Cabinets Per Suite. Full Intercom Access Systems. Storage Lockers In Lower Level For Each Suite. Both Buildings Have Private Owner/Manager Offices With 2Pc Bathrooms.
Extras
Excellent Mix Of Suite Sizes: 9 X 2-Bdrms. 6 X 1 Bedroom Plus Den. 3 X 1 Bedroom. Full Smoke & Fire Suppression Systems (Sprinklers & Fire Hose Cabinets). Emergency Hallway Lighting Systems. Entire Perimeter Has Video Surveillance Cameras.
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Property Details
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Property Type
Detached, Other
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