$ 5,275,000
206 Carlton ST Toronto C08, ON M5A 2L1
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$ 5,275,000
Est. payment | /mo
3,840 SqFt
$ 5,275,000
Est. payment | /mo
3,840 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 3,840 sqft
Price per Sqft $1,373
MLS Listing ID C9345098
Annual Tax Amount $10,629
Tax Year 2024
Property Description
Rare investment opportunity, 5% Cap Rate, with further value add opportunity available. 206 Carlton St. is a 3 storey, 3,841 SF student house in downtown Toronto. The building has 20 units, all fully occupied, with 4 more additional units being added. Upgraded cosmetic renovation complete in 2021 along with new appliances & HVAC. 206 Carlton St. has excellent exposure to nearby city transit with bus stops right outside the front door and the nearest subway entrance is within walking distance.
Location
State ON
County Toronto
Community Public Transit, Subways
Area Cabbagetown-South St. James Town
Interior
Cooling Yes
Exterior
Garage Spaces 2.0
Community Features Public Transit, Subways
Utilities Available Yes
Listed by INTERNATIONAL REALTY FIRM, INC.
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