647-203-6265
27 Hotspur Rd, Toronto, ON for Sale
Apartments - FOR SALE
1/22
null | Request Cap Rate

27 Hotspur Rd
Toronto, ON M6A 2E4
Englemount-Lawrence


HIGHLIGHTS

  • Rare opportunity to acquire three apartment buildings in North York, Toronto's eclectic, multicultural district.
  • Situated on a one-acre site, offering development opportunities and the potential for a 10-storey, 210-unit project.
  • The three-storey buildings include a total of 33 units: 21 two-bedroom apartments and 12 one-bedroom apartments.
  • Desirable location at the intersection of Bathurst and ON-401 offering excellent connectivity and abundant amenities.

OVERVIEW

The Hotspur-Neptune Multi-Family Portfolio consists of three apartment buildings at 25 Hotspur Road, 27 Hotspur Road, and 54 Neptune Drive in Toronto, Ontario. Totalling 35,649 square feet, the multi-family properties include 33 units, 11 in each building. There are 12 one-bedroom apartments and 21 two-bedroom apartments. The brick multi-family buildings offer residents secure access, balconies, additional garage storage, and surface parking. Situated on a one-acre (43,765-square-foot) site, the Hotspur-Neptune Multi-Family Portfolio presents excellent development opportunities. The well-located site offers the potential for a 193,000-square-foot, 10-storey building consisting of 210 units. The Multi-Family Portfolio features dual road frontage with a strategic location at the corner of Neptune Drive and Hotspur Road. With immediate access to ON-401, the site is easily accessible and offers exceptional connectivity. Just off Bathurst Street and less than two kilometres to Avenue Road, both major retail corridors. The Hotspur-Neptune Multi-Family Portfolio is amid a wealth of amenities. Residents enjoy a short walk to Starbucks, Chocolate Charm, and Soul Bagel; and a short drive to Metro, Winners, Shopper's Drug Mart, Tim Horton's, and an assortment of local eateries.

FOR SALE DETAILS

PRICE

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# OF UNITS

11

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

1956

PARKING SPACES

10

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

RM

APN/PARCEL ID

190804306000500

ASK ABOUT THIS PROPERTY

Tony HubenovHubenov Realty IncMore Info
647-203-6265

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Tony HubenovHubenov Realty IncMore Info
647-203-6265

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