10 Ivy Ave - Apartments FOR SALE


Toronto, ON M4L 2H7- Riverdale
$2,949,000 CAD
905-895-5972
10 Ivy Ave, Toronto, ON for Sale
$2,949,000 CAD
Apartments - FOR SALE
1/1
null | Request Cap Rate

10 Ivy Ave
Toronto, ON M4L 2H7
Riverdale


HIGHLIGHTS

  • 7-unit apartment building in South Riverdale/Leslieville
  • 8 parking spots
  • New roof (2020), windows replaced (2017)

OVERVIEW

Don’t miss this fantastic investment opportunity in the trendy South Riverdale/Leslieville area. This large 7-unit apartment building offers a mix of spacious units, including 1 x 1-bedroom, 5 x 2-bedroom, and 1 x 3-bedroom (full top floor) with premium features. The 3-bedroom unit includes a bathroom with a double sink vanity, shower, large tub, kitchen, washer, dryer, its own water heater, and electric heating/cooling system. The remaining units share two additional hot water tanks and a coin-operated laundry facility. This building also has two small storage rooms and 8 parking spots. Windows were replaced in 2017, and a new roof was installed in 2020. Tenants pay hydro, and each unit has its own electricity meter. With a prime location close to restaurants, breweries, Chinatown East, Leslieville, and the Beaches, and the future Ontario Line Subway expansion, this property is primed for appreciation. It offers an excellent cash flow and great potential for future rental increases, making it ideal for any investor seeking a lucrative asset.

FOR SALE DETAILS

PRICE

$2,949,000 CAD

PRICE/SF

$472 CAD /SF

# OF UNITS

7

PRICE/UNIT

$421,286

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1986

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,996 SF

ZONING

R (d0.6*741)

APN/PARCEL ID

190408357006600

ASK ABOUT THIS PROPERTY

Jeff CowanKeller Williams Realty CentresMore Info
905-895-5972

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Jeff CowanKeller Williams Realty CentresMore Info
905-895-5972

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.