Toronto - Danforth
Sold For$1,275,000
Listed For $1,299,900
Sold 9 months ago
6% CAP RATE! Rare multi-unit investment in prime Danforth location. Upgraded 4-unit property offering a current 6% cap rate and A+ tenants. Literally steps to the subway, this turnkey opportunity features a 2-bedroom unit across main and basement levels with updated kitchen and walkout to south-facing yard. Upper levels each offer bright 1-bedroom units; the top floor with loft-like feel and balcony. The newly underpinned basement bachelor has a private walkout, separate entrance, and upgraded foundations and drainage. Secure common entrance with laundry, bike storage, and solid double-car garage with laneway house potential. Significant capital improvements already completed. Stable income in a high-demand rental market with future upside. 1 x 2-Bedroom Unit: Spanning the main and lower l
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