For Sale: 147-Unit Apartment Building In Scarborough, Toronto, Ontario Toronto ON CA

147 Unit Apartment Building on 2 Acres\r85% two and three bedroom units\r\rTremendous rental upside - 83% gap to market rents\r\rEstablished rental node with future surrounding developments\r\r5-minute walk to TTC Subway Station\r\rThis is an exceptional opportunity to acquire a value-add apartment building ideal for large families in a rapidly developing neighbourhood.\rSale Highlights\rApproximately 83% upside on in-place rents Opportunity to reduce building’s operating costs Located in a growing neighbourhood\rConvenient access to highways, TTC, and GO Transit Steps to shopping, schools, and religious institutions\r \rThe subject property is ideally located between the two neighbourhoods leading Toronto’s growth, The Golden Mile District and Scarborough City Centre. Both neighbourhoods will be transformed into complete mixed-use communities, providing tenants with a diverse array of amenities, shopping centres, and restaurants within a 10 minute drive. The property has superb accessibility with multiple bus routes at its front door and is a short walk from the Lawrence East TTC station.\r Find out more about this property. Request details here