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557 Markham St

Markham StWest EndTorontoON, M6G 2L6

7
Beds
6
Baths
$2,999,000
List Price
557 Markham St, Toronto, ON - 1 of 3
557 Markham St, Toronto, ON - 2 of 3
557 Markham St, Toronto, ON - 3 of 3
New
1 day on market

Quick Summary

  • Turnkey investment property with 6 rental units
  • Unbeatable location steps to Bloor St, Bathurst Subway
  • Solid and sympatico tenants provide peace of mind
  • Spacious 2-level, 2-bedroom suite among rental units
  • Outdoor spaces and in-unit laundry for some units
  • 2-car garage with laneway access and development potential
  • Projected monthly revenue of $12,580 once fully occupied
  • Located on a low-traffic, tree-lined, one-way street

Turnkey investment in the heart of Little Italy! This grand semi-detached home at Bloor & Bathurst offers 6 self-contained rental units (5 occupied) a perfect portfolio addition. The property features 5 one-bedroom units and a spacious 2-level, 2-bedroom suite, and many updates throughout the property. Solid & sympatico tenants provide... Show More

Turnkey investment in the heart of Little Italy! This grand semi-detached home at Bloor & Bathurst offers 6 self-contained rental units (5 occupied) a perfect portfolio addition. The property features 5 one-bedroom units and a spacious 2-level, 2-bedroom suite, and many updates throughout the property. Solid & sympatico tenants provide peace of mind to this investment opportunity. Unbeatable location: steps to Bloor St, Bathurst Subway, U of T, and directly across from the redeveloped and new Mirvish Village. Enjoy nearby shopping, parks, cafes, and dining. Five units enjoy outdoor spaces, two include in-unit laundry, and there's a 2-car garage with laneway access plus a laneway suite study offering exciting development potential. Monthly revenue is approx. $10,320/mo, and once fully occupied projected monthly revenue of $12,580/mo is expected once the recently renovated unit is leased. Investment opportunity not to be missed. Strength in numbers: 555 & 565 Markham St. are also for sale (MLS). Maximize your economies of scale, or dream bigger and assemble 3 flagship properties in enviable location. Located on a Low-Traffic, Tree-lined, One-way Street.

Property Details

Size

Sq. Ft. Not Available
12 total rooms
7 Beds
5 Above Grade - 2 Below Grade
6 Baths

Parking

2 Parking Spaces
Detached

Build

Year Built
-
Model Name
-
Basement
Apartment, Fin W/O
Exterior
Brick, Other
Foundation
-
Builder Name
-
Stories
-
Flooring
Hardwood Floor, Tile Floor, Laminate
Roof
-

Heating & Cooling

Heating
Water
Cooling
None

Utilities

Water
-
Sewer
Sewers
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Rooms

Living

13′1″ x 14′11″

Br

17′1″ x 13′5″

Kitchen

8′2″ x 6′11″

Living

10′0″ x 17′10″

Br

11′1″ x 16′4″

Kitchen

6′11″ x 12′2″

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Ownership Details

Ownership

Title
Freehold
Zoning
-

Taxes

Property Tax Year
2024-01-01
Property Tax Amount
$9,770.84

Source

Listing Brokerage

MLS® Listing
C10454156
Last Updated
November 22, 2024
Brokerage
FREEMAN REAL ESTATE LTD.
Call us 800-591-0566

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