Discover a rare and practical investment in a premium downtown Toronto location. This grand residence at Bloor & Bathurst offers six self-contained rental units, ideal for any portfolio. It includes five functional 1-bedroom units and a spacious 2-level, 2-bedroom suite, appealing to tenants seeking the charm of a house over a condo's congestion. With no elevator waits or crowded areas, it offers serene living in a historic neighborhood. Thoughtful updates include fire safety improvements, ensuring peace of mind for landlords and tenants. Four of six units are occupied, and this property can generate a projected revenue of $12,580/mo or $151K/year when fully leased.. Unlike condos flooding the market, apartments in character homes like this are rare and desirable, offering unique charm, privacy, and location advantages. Minutes walk to Bloor Street, Bathurst subway, U of T, Mirvish Village, parks, cafes, and dining, the unbeatable location ensures univeral demand and interest. Five units enjoy private outdoor spaces, and two feature in-unit laundry. A two-car garage with laneway access adds convenience, while a laneway suite study offers future development potential. This turnkey property is a low-maintenance, high-demand investment in a historic home, perfectly positioned in one of Torontos most sought-after neighborhoods. Apartments in homes like this are timeless assets that grow in value. Dont miss this rare opportunity to secure a solid investment in the heart of the city. **** EXTRAS **** Strength in numbers: 555 & 565 Markham St. are also for sale (MLS). Maximize your economies of scale, or dream bigger and assemble 3 flagship properties in enviable location. Located on a Low-Traffic, Tree-lined, One-way Street. (id:47423)
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Detailed Information
Bedrooms
5+2
Bathrooms
6
Lot
22 x 125 ft
Amenities Nearby
Place of Worship, Public Transit, Schools
Features
Lane
Listing Contract Date
2025-01-10
Location Description
Bathurst & Bloor (Steps to transformed Mirvish Village)
# of Parking Spaces
2
Property Type
Multi-family
Structures
Deck, Porch
Transaction Type
For sale
Building
Appliances
Water Heater - Tankless, Dryer, Refrigerator, Stove, Washer
Basement Development
Finished
Basement Features
Apartment in basement, Walk out
Basement Type
N/A (Finished)
Exterior Finish
Brick
Flooring Type
Hardwood, Laminate, Tile
Foundation Type
Unknown
Heating Fuel
Natural gas
Heating Type
Hot water radiator heat
Stories Total
2.5
Type
Other
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Bedroom
Second level
2.44 m x 3.56 m
Living room
Second level
4.37 m x 3.99 m
Bedroom
Second level
4.83 m x 4.22 m
Kitchen
Second level
2.9 m x 2.34 m
Living room
Second level
2.44 m x 3.05 m
Living room
Third level
3.35 m x 4.06 m
Living room
Main level
4.57 m x 4.01 m
Bedroom
Main level
4.11 m x 5.21 m
Kitchen
Main level
2.13 m x 2.49 m
Living room
Main level
5.44 m x 3.05 m
Bedroom
Main level
4.98 m x 3.4 m
Kitchen
Main level
3.71 m x 2.13 m
Parking Spaces
Name
Spaces
Detached Garage
Land
Total Size
22 x 125 FT
Amenities
Place of Worship, Public Transit, Schools
Fence Type
Fenced yard
Sewer
Sanitary sewer
Size of Irregular Land
22 x 125 FT
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