Prime Investment Opportunity – High Cash Flow, Turnkey Lodging House, Student Rental. Discover an incredible investment in the heart of the city! This fully licensed 19-bedroom, 7-bathroom lodging house is an income-generating powerhouse, ideally located just steps from the university and backing onto a scenic waterfront park. Thoughtfully renovated and fully occupied, this property offers a strong, stable cash flow and is designed for long-term success. Spanning over 6,000 sq. ft. (as per MPAC), the residence is fully furnished and move-in ready, featuring 26 beds, 26 desks, a commercial-grade kitchen with 7 fridges and 3 stoves, plus onsite laundry with 3 stackable washer/dryers. With ramp access and 12 dedicated parking spaces, it caters to a wide range of tenants, including students and young professionals seeking a well-equipped, community-oriented living space. This exceptional investment may qualify for CMHC financing (buyer to verify). Amazing opportunity, call today! (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
16+3
Bathrooms
7
Features
Golf course/parkland, Paved driveway, Finished Driveway, Side Driveway
Ownership Type
Freehold
Property Type
Single Family
Transaction Type
For sale
Zoning Description
RD2.2
Building
Appliances
Dryer, Refrigerator, Stove, Washer
Architectural Style
Other
Construction Style (Attachment)
Detached
Cooling Type
Central air conditioning
Exterior Finish
Aluminum/Vinyl, Brick
Flooring Type
Ceramic/Porcelain, Other
Foundation Type
Block
Heating Fuel
Electric, Natural gas
Heating Type
Baseboard heaters, Boiler
Stories Total
2
Type
House
Rooms
Room
Level
Dimensions
Notes
3pc Bathroom
Second level
Measurements not available
3pc Bathroom
Second level
Measurements not available
4pc Bathroom
Second level
Measurements not available
Bedroom
Second level
Measurements not available
Bedroom
Second level
Measurements not available
Bedroom
Second level
Measurements not available
Bedroom
Second level
Measurements not available
3pc Bathroom
Main level
Measurements not available
3pc Bathroom
Main level
Measurements not available
Kitchen
Main level
Measurements not available
Dining room
Main level
Measurements not available
Living room
Main level
Measurements not available
Bedroom
Main level
Measurements not available
Bedroom
Main level
Measurements not available
Bedroom
Main level
Measurements not available
Bedroom
Main level
Measurements not available
Bedroom
Main level
Measurements not available
Bedroom
Main level
Measurements not available
Bedroom
Main level
Measurements not available
Bedroom
Main level
Measurements not available
Land
Total Size
100X100.38
Landscape Features
Landscaped
Size of Irregular Land
100X100.38
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.
