Toronto - Trinity-Bellwoods
Toronto - Trinity-Bellwoods
Listed For $3,500,000
Get Pre-approvedAdded 11 days ago
Positioned in one of Toronto's most sought-after neighbourhoods, 378 Markham St is surrounded by exceptional restaurants, cafés and retail. The building features individually metered hydro, on-site laundry, and 13-1br and 5-2br units. There are 8 vacant suites, providing a rare opportunity for immediate renovation and lease-up at full market rates. Potential to convert some 1Br to 2Br units based on SF. Upside in rental income is approximately 92% on turnover across tenanted suites. Over $1.6 million spent on capex in last 5 years on structural restoration, mechanical systems, and upgrades required to meet current building code standards.
* Values are estimates only and not a guarantee of lending or affordability.