$2,795,000 FOR SALE

Investment

Lot: 25 x 98 ftTotal Area: 0.06 acres
2023 Taxes: $9,408Maintenance Fees: $4,200

559 Broadview Ave
Toronto, ON M4K 2N7 | North Riverdale

Beautifully maintained 6-unit multi-residential building containing 3 - 2 bedroom suites and 3 - 1 bedroom suites. Located in a residential neighbourhood close to schools, shopping, public transit and more. Improvements/upgrades include skylights, kitchens, bathrooms, flooring and appliances. Wood frame construction. Potential upside in rent upon unit turnover. Clean and quiet building with little maintenance required. New Ontario subway line is expected to come to Pape and Danforth through Gerrard and Carlaw which is a 5 minute drive south east.

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Listed By INCOMPRO LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number E9007574
Last Updated Jul 04, 2024
Property Summary
Property Type Investment

More like this:
Use Apartments - 6 to 12 Units
Category Apartment
PIN 210650098
Occupancy Own+Ten
Possession Date TBD
Taxes (2023) $9,408
Tax Type Annual
Maintenance Fees $4,200
Directions/Cross Streets Danforth & Broadview
Neighbourhood North Riverdale
Area Toronto
Price History
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Detailed Information
Freestanding Y
Lot 25 x 98 ft
Total Area 0.06 acres
Elevator None
Air Conditioning N
Garage Type Covered
Parking Spaces 4
Heat Type Gas Hot Water
Financial Statement N
Gross Income/Sales $159,936
Net Income Before Debt $123,014
Hydro Expense $3,000
Water Expense $3,283
Heat Expenses $3,378
Insurance Expense $5,657
Management Expense $6,397
Operating Expenses $36,922
Taxes Expense $9,408
Year Expenses $2,023
Expenses Actual/Estimated Est
Outside Storage N
Area Influences Major Highway, Public Transit
Sewers San+Storm
Utilities Y
Water Municipal
Vacancy Allowance 1599
Survey N
Lot/Bldg/Unit Code Lot
Zoning R(d1*7)
Seller Property Info Statement N

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