
Listed For $8,449,000
Added 1 month ago
11 Baths
11232 Square Feet
Investment
$22,203 Tax / yr
-
Bedrooms
11
Bathrooms
-
Garages
11232
Square Feet
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Boutique living redefined in the heart of the Beaches. This iconic address boasts 6 multi-story lofts and 4 exquisite suites (10 large suites in total), following a significant two-year building restoration program (2021-25). With millions invested, over 65% of the property's square footage has been meticulously upgraded to luxury standards. All remodeled suites immediately captured significantly higher rents, proving that investment case to continue with luxury renovation plans as tenants churn. Tenants desire large multi-level lofts, complete privacy, luxury renos, with surface parking and no elevators! Nestled on a spacious 75x125 ft lot, the building showcases 11,000 sq ft of living space, complemented by 10 surface parking spots, 10 personal storage lockers, and various alfresco areas
Census area 35203803; area-wide figures, not facts about this home.
Adapted from Statistics Canada, 2021 Census of Population, Census Profile, 2021. This does not constitute an endorsement by Statistics Canada of this product.