Investment Opportunity- 44-Unit 4-Storey Multi-Family building in North York, Toronto, Ontario Toronto ON CA

Number of Units 44 Units Storeys 4 Storeys Unit Breakdown 1 Bed: 21 units (48%), 2 Bed: 23 units (52%) Occupancy Rate 97.7% Appliances 44 fridges, 44 stoves Lot Size 0.73 acres Lot Dimensions 111.08’ x 287.83’ Parking Stalls 42 surface Zoning RM*475 Year Built 1959 Projected Year 1 NOI $438,051

Neighbourhood Overview North York North York is located north of Downtown Toronto, just past York, East York and Old Toronto. Etobicoke surrounds the area from the west and Scarborough from the east. It is known for being a multicultural and charming mecca, surrounded by historical sites, parks, ravines, and various unique neighbourhoods. Throughout its history, North York has been known to be one of the fastestgrowing areas in the region due to its close proximity with Old Toronto, resulting in high-density residences, rapid transit routes, and a number of corporate headquarters in its central business hub – North York City Centre. North York was amalgamated with the rest of Metropolitan Toronto in 1998 and has since been a significant economic hub of Toronto. North York Centre is known as the area’s central business district and is located on Yonge Street, between Finch and Sheppard Avenue. The district includes high-density condominiums, office towers, and street-level shops with an abundance of retail and dining options. Other notable landmarks in the area include the North York Central Library, the Toronto Centre for the Arts, and the Toronto District School Board. North York also houses two of Toronto’s five major shopping malls: the Yorkdale Shopping Centre and Fairview Mall. Transportation throughout North York is highlighted by several major highway and public transportation routes. Multiple highways pass through the area, including Highway 400, Highway 401, Highway 404, Allen Road, and the Don Valley Parkway. Notable Toronto subway stations include the Line 1 Yonge-University and Line 4 Sheppard. Go Transit and York Region Transit are also options in North York. Find out more about this property. Request details here