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Home ON Greater Toronto Area Toronto Old Toronto Palmerston
557 MARKHAM STREET
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557 MARKHAM STREET $2,999,000
17 hours ago
$2,999,000
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557 MARKHAM STREET
Toronto (Palmerston-Little Italy), Ontario M6G2L6

MLS® Number: C10454156
5 + 2
Bedrooms
6
Bathrooms
-
Square Feet

Listing Description

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. **** EXTRAS **** 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. (38132023)

Location Description

Bathurst & Bloor (Steps to transformed Mirvish Village)

Property Summary

Property Type
Multi-family
Building Type
Other
Storeys
2.5
Community Name
Palmerston-Little Italy
Land Size
22 x 125 FT
Annual Property Taxes
$9,770.84
Parking Type
Detached Garage
Time on REALTOR.ca
17 hours

Building

Bedrooms
Above Grade
5
Below Grade
2
Bathrooms
Total
6
Interior Features
Appliances Included
Water Heater - Tankless, Dryer, Refrigerator, Stove, Washer
Flooring
Hardwood, Laminate, Tile
Basement Features
Apartment in basement, Walk out
Basement Type
N/A (Finished)
Building Features
Features
Lane
Foundation Type
Unknown
Rental Equipment
Water Heater - Tankless
Structures
Deck, Porch
Heating & Cooling
Heating Type
Hot water radiator heat (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Amenities Nearby
Place of Worship, Public Transit, Schools
Parking
Parking Type
Detached Garage
Total Parking Spaces
2

Rooms

MetricImperial
Main level
Living room
Bedroom
Kitchen
Living room
Bedroom
Kitchen
Second level
Bedroom
Living room
Bedroom
Kitchen
Living room
Third level
Living room

Land

Lot Features
Fencing
Fenced yard
Frontage
22 ft
Land Depth
125 ft
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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