$4,200,000 FOR SALE

Investment

Lot: 44.3 x 102.21 ftTotal Area: 4,176.39 ft2
2024 Taxes: $22,864

1502 King St W
Toronto, ON M6K 1J5 | South Parkdale

Boutique building, 15 Units located directly on King Street West. Fantastic curb side appeal. This unique building is located in Parkdale with a short walk to Roncesvalles, King W and Dufferin. Buses and streetcars at the front door. Grocery (Nofrills) less than 5 minute walk, beach less than 10 minute walk. Phase 1 Enviro Complete. Beautiful charm throughout. Fully occupied. Hydro is paid by the owner. It's including 6 bachelor unit, 8 of 1 bedrooms, one of 2 bedrooms. Large, bright apartments, laundry onsite. Current gross income about $230,000.00 and potentially earn up close to 250,000.00 in 2024

Extras
All numbers and measurements are to be verified by co-operating agent. VTB available. Seller is willing to do a second mortgage at 6% repayable interest only for 2 years. Salesperson related to the owner of the building.

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Listed By CENTURY 21 REGAL REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number W8299350
Last Updated May 02, 2024
Property Summary
Property Type Investment

More like this:
Use Apartments - 13 to 20 Units
Category Apartment
PIN 213420178
Occupancy Tenant
Taxes (2024) $22,864
Tax Type Annual
Directions/Cross Streets East Of Roncesvalles
Neighbourhood South Parkdale
Area Toronto
Price History
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Detailed Information
Freestanding Y
Lot 44.3 x 102.21 ft
Total Area 4,176.39 ft2
Air Conditioning Part
Basement Y
Garage Type Street
Heat Type Gas Hot Water
Financial Statement Y
Utilities Y
Water Municipal
Lot/Bldg/Unit Code Lot
Zoning MULTI-RESIDENTIAL
Seller Property Info Statement Y

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