997 Lansdowne Ave
Dovercourt-Wallace Emerson-Junction, Toronto, M6H 3Z5
FOR SALE
$4,995,000
Terminated
$0
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-07-01 | 2022-09-10 | 71 | $4,995,000 | - | Terminated |
| 2019-07-02 | 2019-09-30 | 90 | $4,500,000 | - | Expired |
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Property Description
This Is An Unprecedented Residential Investment Opportunity In "Turn-Key" Condition. Superbly Located 9-Unit Apartment Building At Dupont & Lansdowne. This "Purpose- Built" 4 Storey Detached Income Property Was Designed, Engineered & Extensively Re-Constructed In 2016/2017. Excellent Rents And Cap Rate. Great Tenants. Gross Income In 2021= $198,049. Higher Income In 2022. Net Income In 2021= $148,653. Easy To Manage With "State Of The Art" Mechanical Systems & Infrastructure. All Suites Have Individual Ensuite Heating & Cac Systems (Fan Coil Units). 8 Of 9 Suites Are Individually Hydro Metered. Immac Laundry Rooms W/Coin-Operated Machines & Individual Locked Cabinets Per Suite. 5 Suites Have Private Balconies/Outdoor Space. Front And Rear Staircases. Full Intercom Access Systems. Storage Lockers In Lower Level For Each Suite. Private Owner/Manager Office With 2Pc Bathroom In Lower Level.
Extras
Excellent Mix Of Suite Sizes: 4 X 2-Bdrms. 5 X 1 Bdrm Plus Den. Full Smoke & Fire Suppression Systems (Sprinklers & Fire Hose Cabinets). Emergency Hallway Lighting Systems. Exterior Video Surveillance Cameras.
Nearby Intersections
Dupont & Lansdowne (26)
Property Features
Park, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, Other
Approximate Sq.Ft.
5000+
Lot Size
25' x 111'
Lot Irregularities
See Survey And Schedule C
Fronting
East
Taxes
$20,386 (2022)
Basement
Apartment, Finished
Exterior
Stone, Stucco/Plaster
Heat Type
Fan Coil
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Lane
Garage Type
None
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