1311 Pape Ave Toronto, Ontario M4K 3W9

0 ft2
Fully Air Conditioned

$4,499,000

A rare investment opportunity In downtown Toronto, in a prime location for real estate investments due to its high demand and potential for growth. A 10 Multi-Unit fully occupied appealing apartment Building, that provides immediate rental income in the most Desirable location in GTA, with a Huge Lot of 11,969.46 ft (0.275 ac) and 436.35 ft perimeter lot that will certainly offer future development or expansion opportunities, will increase the property's value in the long term, plenty of parking spaces, an absolute investor choice with long-term well qualified Great tenants with a Great compatible Cap Rate, please review the attached Photos, And Financials, 10 fully occupied Units all with appliances and amenities in each unit, such as a fridge, stove, and wall unit A/C, as an advantage in attracting and retaining tenants. Two Owned shared coin laundry on the lower level also provides an extra income stream. (id:26892)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number E6171700
Property Type Multi-family
Community Name Danforth Village-East York
Amenities Near By Highway, Public Transit
Parking Space Total 12

Building

Cooling Type Fully Air Conditioned
Size Exterior 0.27 Sqft
Size Interior 0 Ft2
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Land Amenities Highway, Public Transit
Size Irregular Bldg=107 X 111.56 Ft
Size Total Text Bldg=107 X 111.56 Ft

https://www.realtor.ca/real-estate/25729919/1311-pape-ave-toronto-danforth-village-east-york

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What Client say about us

Adam & Melissa

Tula, With deepest sincerity, we want to express how grateful we are with your professionalism, attention to details and willingness to “shout from the rooftops” in order to sell our home. Thank you, Thank you, Thank you! Best wishes to you and Hayley Adam, Melissa, Dayna & Linda.

Adam & Melissa

Lorraine Strelesky

Tula Thomas recently helped us locate and purchase a home in Oshawa. She is very experienced and helpful and went beyond our expectations , even calling on closing to ensure things were moving as planned. We highly recommend Tula and perhaps we will work together again.

Lorraine Strelesky

Frank & Cindy Geard

Dear Broker, Our experience with Tula Thomas was an exceptional one. We found her to be professional, knowledgeable and went above and beyond our expectation. We would highly recommend her to all of our family and friends, in fact we have. She helped in the purchase of my daughter and son in laws first home.… Read more “Frank & Cindy Geard”

Frank & Cindy Geard

Sally and Pat

Thank you for making the sale of our property so seamless. With your experience, we got $15,100.00 more than what we were told was the highest we could get for it. We are over the moon with the results and we can’t thank you enough for all you’ve done. We have told many of our… Read more “Sally and Pat”

Sally and Pat

Terri – Tony

We would recommend Tula Thomas to anyone we know who is buying or selling a home. Tula helped us with the challenge of finding the perfect home for a very particular 28 year old. We couldn’t have done it without her knowledge, professionalism, patience and mostly her quick action. Tula offered us great advice on… Read more “Terri – Tony”

Terri - Tony 3156 Concession Rd. 8, Orono, Ontario L0B 1M0

Roxanne Miller Oshawa

Our real estate experiences had not been very positive over the past 12 years until we met Tula Thomas. Tula’s real estate expertise, her incredible knowledge of the area we were moving to (Oshawa), and most importantly her honesty made our house purchasing and lifestyle change experience very manageable. Tula was supportive every step of… Read more “Roxanne Miller Oshawa”

Roxanne Miller Oshawa