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641 Bathurst St

Bathurst StDowntown TorontoTorontoON, M5S 2R2

6
Beds
3
Baths
$1,880,000
List Price
641 Bathurst St, Toronto, ON - 1 of 3
641 Bathurst St, Toronto, ON - 2 of 3
641 Bathurst St, Toronto, ON - 3 of 3
New
24 days on market

Quick Summary

  • Prime investment opportunity in central Toronto
  • 3 fully renovated, self-contained rental suites
  • Significant mechanical upgrades throughout property
  • Vacant units allow selecting new high-paying tenants
  • Potential for laneway home to increase property value
  • Projected high gross income of over $135,500
  • Low property expenses due to recent upgrades
  • Excellent location near transit, schools, and amenities

Prime investment opportunity ideally located in the heart of Toronto between Bloor St and College St, truly the perfect Toronto location! 3 fully renovated, and self-contained, suites with significant mechanical upgrades throughout including updated wiring, HVAC, roof, windows and plumbing! Benefit from vacant units allowing you to hand... Show More

Prime investment opportunity ideally located in the heart of Toronto between Bloor St and College St, truly the perfect Toronto location! 3 fully renovated, and self-contained, suites with significant mechanical upgrades throughout including updated wiring, HVAC, roof, windows and plumbing! Benefit from vacant units allowing you to hand select new tenants and immediately capitalize on current market rents! Ideal multi-generational home or live/rent opportunity. Parking via laneway offers possible laneway home resulting in even more property value! No tenants to assume! Potential Gross Income over $135,500 - 6.20% Cap Rate!!!. Projected Long term lease Gross Income $115,200 - 5.15% Cap Rate!!! Low property expenses due to significant property upgrades. Perfect time to take advantage of the recent interest rates cuts and secure an excellent investment property. Located in the best part of Toronto steps to Bloor St, Harbord Village, College Street, Little Italy, Ttc, U of T, Elite Schools, beautiful parks, delicious dining and all the best amenities Toronto offers! 100 Bike score, 98 Transit Score, 95 Walk Score. Amazing Investment Opportunity in the Heart of Toronto with Vacant Possession!

Additional Media

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Property Details

Size

Sq. Ft. Not Available
12 total rooms
6 Beds
5 Above Grade - 1 Below Grade
3 Baths

Parking

2 Parking Spaces
Other

Build

Year Built
-
Model Name
-
Basement
Apartment, Sep Entrance
Exterior
Brick, Other
Foundation
-
Builder Name
-
Stories
-
Flooring
Tile Floor, Vinyl Floor
Roof
-

Heating & Cooling

Heating
Forced Air
Cooling
Window Unit

Utilities

Water
-
Sewer
Sewers
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Rooms

Family

10′11″ x 14′11″

Kitchen

12′8″ x 12′11″

Dining

12′8″ x 12′11″

Br

12′0″ x 13′10″

Living

15′1″ x 14′11″

Kitchen

10′9″ x 12′2″

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Ownership Details

Ownership

Title
Freehold
Zoning
-

Taxes

Property Tax Year
2023-01-01
Property Tax Amount
$7,195.81

Source

Listing Brokerage

MLS® Listing
C9514418
Last Updated
November 1, 2024
Brokerage
FREEMAN REAL ESTATE LTD.
Call us 800-591-0566

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