Welcome to 165 Sydenham St – a prime investment opportunity with significant income potential! This unique property is currently configured as five units, with (3) three of the (5) five units vacant and the possibility of having All Five (5) vacant upon the closing date for prospective buyers. Generating an annual income of $54,360, this property has the potential to reach $84,120 per year with the vacant units leased, making it a true income-generating powerhouse. Nestled on over half an acre of land with a 254 ft deep, L-shaped lot backing onto a ravine, this property offers no rear neighbours and is ideal for future development. A detached, heated workshop on-site is currently rented and could be converted into a garden suite/ADU, providing even more cash flow options. Whether you're an investor seeking strong rental income or a family interested in multi-generational living, 165 Sydenham St offers the flexibility and space to suit your needs. Centrally located with easy access to shopping, amenities, and public transit, this property combines convenience with opportunity. Don't miss out on this exceptional chance to invest in a property with development potential, vacant units ready for tenants, and incredible income prospects! Contact us today to explore this one-of-a-kind opportunity. (id:47423)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Bedrooms
4
Bathrooms
5
Lot
64 x 256 ft
Amenities Nearby
Hospital
Equipment
Water Heater
Features
Backs on greenbelt, Conservation/green belt, Crushed stone driveway
Listing Contract Date
2024-08-01
Location Description
Dundas Street E/ West Street
Ownership Type
Freehold
# of Parking Spaces
6
Property Type
Multi-family
Rental Equipment
Water Heater
Structures
Workshop, Shed
Transaction Type
For sale
Zoning Description
RC
Building
Basement Development
Unfinished
Basement Type
Partial (Unfinished)
Constructed Date
1890
Cooling Type
Central air conditioning
Exterior Finish
Brick
Foundation Type
Stone
Heating Type
Forced air, Radiant heat
Stories Total
2
Type
Duplex
Utility Water
Municipal water
Land
Total Size
0.566 acres
Amenities
Hospital
Sewer
Municipal sewage system
Size of Irregular Land
0.566
Terms of Use
Please review and agree to the following terms of use to access the listing content:
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA;
The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy;
This website is operated by a brokerage or salesperson who is a member of CREA;
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information. 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.
