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164 Close Avenue

Name: 164 Close Avenue - Sold May 2023
Brand: ROYAL LEPAGE REAL ESTATE SERVICES LTD., BROKERAGE
Price: 1765000 CAD
Availability: SoldOut

Toronto - South Parkdale

164 Close Avenue

Toronto - South Parkdale

Sold For$1,765,000

Listed For $1,888,888

Sold May 2023

9 + 2 Bedrooms Bedrooms

12 Bathrooms Bathrooms

2 Garage Garage

Description

Take Advantage Of Rising Rents, With This Licensed 11 Unit Building Just Off Of Queen Street. 9 Units (3 Units Each On Main, 2nd, & 3rd Flr, 2 Units In Bsmt). 10 X Bachelorettes + 1 X 1 Br In Total Where Each Unit Has Their Own Kitchenette & Bathroom. Lots Of Potential For More Revenue With A Double Garage At The Rear - Possible Garden Suite! Huge Spacious Victorian With Very High Ceilings! Each Unit Has A Separate Entrance Entrance & Most Units Rent Is Below Market.

Key facts for 164 Close Avenue

Tax$6,869.12 / 2022

Property TypeOther, 3-Storey

Lot Size149.25 x 23.2 Feet

ParkingDetached 2 Spaces, Total 4 Spaces

Parking FeaturesMutual

BasementApartment, Finished

Listing #W5978225

Days on Market--

Listing BrokerageROYAL LEPAGE REAL ESTATE SERVICES LTD., BROKERAGE

Data SourcePROPTX

Inquire with Realtris

(866) 511-7171

info@realtris.ca

Mortgage Calculator

Home Price

Amortization

Interest Rate

Down Payment

Minimum down payment is $377,778 (20.0%) - using that for this calculation.

* Values are estimates only and not a guarantee of lending or affordability.

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Cash Flow Analysis

Est. Mortgage Payment

$9,224/mo

Monthly Expenses & Income

Property Tax

Maint. / Fees

Est. Rental Income

$1.3% net yield

Net Monthly Cash Flow-$6,996

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Inquire with Realtris

(866) 511-7171

info@realtris.ca

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