282 Ossington Av - Apartments FOR SALE


Toronto, ON M6J 3A3
$1,850,000 CAD
416-530-1100

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$1,850,000 CAD
Apartments - FOR SALE
null | Request Cap Rate

282 Ossington Av
Toronto, ON M6J 3A3


OVERVIEW

Incredible Investment or Living Opportunity on Ossington Ave, just North of Dundas St W, nestled in the heart of the vibrant Trinity-Bellwoods neighborhood. This property is currently VACANT, offering 3 separate units for versatile use. The configuration includes a spacious 4-bedroom unit spanning the 2nd and 3rd floors with a charming deck, a welcoming 2-bedroom unit on the main floor, and a sizable 2-bedroom basement unit. The layout caters to various buyers' needs: for Investors seeking a seamless income stream, the property is estimated to generate $120,000 annually. Alternatively, for those desiring a splendid, meticulously maintained detached home with supplemental income exceeding $5,000 per month, this property fits the bill perfectly. Moreover, the property's flexibility allows for easy conversion back into a single-family residence. Completing this remarkable opportunity is an oversized 2-car garage with convenient lane access at the rear, providing added value and convenience. Included are 3 refrigerators, 3 stoves, 1 dishwasher, washer, dryer, and all Seller-owned light fixtures. Additionally, the property features a 60-gallon HWT, High Efficiency Furnace, and 200 amp service. The total area encompasses 3,490 sq. ft., inclusive of the finished 2-bedroom basement apartment. Don't miss out on this exceptional chance to invest or reside in one of Toronto's most sought-after neighborhoods!

FOR SALE DETAILS

PRICE

$1,850,000 CAD

PRICE/SF

$530 CAD /SF

# OF UNITS

3

PRICE/UNIT

$616,667

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,858 SF

ZONING

R

APN/PARCEL ID

190404324003800

ASK ABOUT THIS PROPERTY

Don MulhollandBosley Real EstateMore Info
416-530-1100

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Don MulhollandBosley Real EstateMore Info
416-530-1100

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