1384-1386 King St W - Apartments FOR SALE


Toronto, ON M6K 2V2
$5,499,967 CAD
416-849-5360
1384-1386 King St W, Toronto, ON for Sale
$5,499,967 CAD
Apartments - FOR SALE
1/2
null | Request Cap Rate

1384-1386 King St W
Toronto, ON M6K 2V2


OVERVIEW

This 18-unit building comprises a mix of bachelor, 1-bedroom, and 2-bedroom units across three well-maintained stories. Positioned conveniently with transit access at the doorstep, the property offers significant upside potential. Fully leased with a waiting list, it presents a viable Vendor Take-Back (VTB) option, supported by an attached appraisal. Featuring numerous upgrades, the property is easy to manage with strong curb appeal. Additionally, it boasts long-term development prospects and a desirable tenant mix, all while maintaining rents below market value.

FOR SALE DETAILS

PRICE

$5,499,967 CAD

PRICE/SF

$382 CAD /SF

# OF UNITS

18

PRICE/UNIT

$305,554

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

1912

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,557 SF

ZONING

R (d1.0) (x991)

APN/PARCEL ID

190402127003400

ASK ABOUT THIS PROPERTY

Stephen MurphyCentury 21 Regal RealtyMore Info
416-849-5360

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Stephen MurphyCentury 21 Regal RealtyMore Info
416-849-5360

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