Toronto - Church-Yonge Corridor
Toronto - Church-Yonge Corridor
Sold For$1,770,000
Listed For $1,950,000
Sold 6 months ago
Rare opportunity to acquire a 3 unit residential property in the heart of Downtown. Numerous large-scale developments in the area. Huge upside potential as there is a high-probability for this property to be included in a land-assembly for future area development (various options currently being discussed). Property needs work and offered in an As-Is condition however with renovations, there's a potential to command $120k-$150k/year revenue. Many original character features include exposed brick throughout, soaring-high 10ft ceilings on the Main & Second Floors and 9Ft ceilings on Third floor, crown-moulding & trim work, original front door, etc. Front pad parking has been in continuous use for over 60 years (contact Listing agent for info on parking).
* Values are estimates only and not a guarantee of lending or affordability.
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