251-255 Christie St - Apartments FOR SALE


Toronto, ON M6G 3C1- University/Annex
$12,500,000 CAD
416-530-1080
251-255 Christie St, Toronto, ON for Sale
$12,500,000 CAD
Apartments - FOR SALE
1/3
null | 3.76% Cap Rate

251-255 Christie St
Toronto, ON M6G 3C1
University/Annex


HIGHLIGHTS

  • Retail amenities nearby
  • Access to public transit and highway
  • Natural light exposure

OVERVIEW

Great property in Annex area. Walking distance to Bloor Subway. The building is about 8 years old - consists of 16 Apartments and 3 Commercial Stores, plus full basement. 11 units (1 bdrm) + 4 units (2 bdrm) + 1 unit (3 bdrm) + 2 finished apts in basement, vacant (not registered). Main floor has 11 ft ceilings. Main and 2nd floor are concrete floors. Gross rent about $580,000 per year. Net rent about $470,000 per year. Copy of plans and building permits available. Large unit on top floor with roof top deck being occupied by the owner.

FOR SALE DETAILS

PRICE

$12,500,000 CAD

PRICE/SF

$595 CAD /SF

# OF UNITS

16

PRICE/UNIT

$781,250

CAP RATE

3.76%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2015

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,307 SF

ZONING

R

APN/PARCEL ID

190405160005310

ASK ABOUT THIS PROPERTY

Alipio GoncalvesRe/max Ultimate Realty, Inc.More Info
416-530-1080

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Alipio GoncalvesRe/max Ultimate Realty, Inc.More Info
416-530-1080

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