Active

1552 Bathurst St

Toronto Ontario, M5P 3H3

C$1,499,900


Active

4 Beds

5 Baths

Multi-family

4.8% cap rate! Seller wants it SOLD! 5 units! detached, with parking in the rear. 4 residential one bedroom units (currently occupied, buyer to assume existing tenants). One retail unit, currently a convenience store (Vacant early 2025). Estimated rent $100K per year. This five-unit apartment building offers a blend of investment and safe returns. It provides steady rental income, tax benefits, and the chance to enhance the property's value over time. Its an ideal entry into real estate, combining financial growth with safe, reliable income...St. Clair West and Bathurst Street combines urban energy with a strong sense of community. The area is lively and diverse, featuring a mix of restaurants, cafes, and unique shops that reflect the multicultural fabric of the city. Wychwood Barns Park offers green space and hosts a popular weekend farmers' market, while nearby Cedarvale Park provides trails, sports fields, and off-leash areas for dogs. The neighborhoods excellent public transit options make commuting downtown easy, yet it feels comfortably removed from the city's busiest areas. St. Clair West is a neighborhood that balances convenience, culture, and community charm. Financials on attachments.

C10409096

MLS ID

November 17, 2024

Updated

Map

1552 Bathurst St
Toronto Ontario, M5P 3H3

Interior Features

Total Stories

2


Bedrooms

4


Total Bathrooms

5


Fireplace

No


Cooling

Yes


Cooling Description

Wall Unit


Heating

Yes


Heating Description

Water, Gas

Exterior/Building Features

Lot Size

0.06 Acres


Sewer

Sewers

Other Property Details

Area Name

Humewood-Cedarvale


Taxes

$10,659


Tax Frequency

Annually


Garage

Yes


Garage Spaces

1


Parking

Detached


Parking Total

1


View

No


County

Ontario


Municipality

Toronto


Water Source

Municipal


Pool

No


Pool Features

None


Zoning

Commercial & Residential

Listing History

Date

Event

Price

11/11/2024

Price change

$1,499,900

-12%

 

Courtesy of Listed by , HARVEY KALLES REAL ESTATE LTD.,

Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.

©2024 Toronto Real Estate Board. All rights reserved. 

Data last updated 8:29 AM UTC, 11/17/2024

 

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