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.
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Detailed Information
Freestanding
Y
Lot
25 x 120 ft
Total Area
3,840 ft2
Approximate Age
100+
Air Conditioning
Y
Basement
Y
Garage Type
Double Detached
Parking Spaces
2
Heat Type
Gas Forced Air Closd
Financial Statement
Y
Outside Storage
Y
Area Influences
Public Transit, Subways
Sewers
Sanitary
Utilities
Y
Water
Municipal
Lot/Bldg/Unit Code
Lot
Zoning
CR1.5
Seller Property Info Statement
N
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