223 River Street Sold 20 days ago

Toronto, Cabbagetown-South St. James Town, M5A3P9

$4,999,900$000000

Description

Listed by RE/MAX ULTIMATE REALTY INC., BROKERAGE.

Unique Opportunity To Acquire A Turn-Key Investment Property In One Of The Most Redeveloping Neighborhoods Of Toronto With An Opportunity For A Future Land Assembly. 10 Income-Producing Turn-Key Units Have The Potential To Generate A 5%+ Cap Rate For Their Investors. All Units Were Tastefully Renovated & Updated Over The Years. The Owner's Own 3Br 2Wr Suite Is Ideal For A Live-In Investor/Operator. Ample Backyard Parking Behind The Private Gate Easily Fits 8+ Vehicles. The Tesla Charger Rough-In Is In Place & Ready To Use. Located Right Across The Street From The Future Regent Park Redevelopment Project To Be Completed By Tridel & Steps Away From Cabbage Town With Its Amenities.

Furnace (Rental), Hwt's (Rental) A/C, All Existing Appliances & Light Fixtures Are Included In The Sale. Request A Detailed 3D Tour For More Details. ***Click On Virtual Tour For Floor Plans***

Location

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  • Address: 223 River Street
  • Neighborhood: Cabbagetown-South St. James Town
  • City: Toronto
  • State: Ontario
  • Postal Code: M5A3P9

Property Video

Property Details

  • Property ID: C5902143
  • Property Price: $4,999,900
  • Style: Multiplex, 2-Storey
  • Sq/Ft: 5000+
  • Rooms: 10
  • Bedrooms: 9+4
  • Bath: 12
  • Parking Spaces: 10
  • A/C: Central Air
  • Basement: Apartment
  • Central Vac.: N
  • Den: N
  • Elevator: N
  • Exterior: Brick
  • Heating: Forced Air
  • Fireplace: N
  • Taxes: $12,442.76 (2023)
  • Lot: 110.04x50.00 (Feet)

Room details and dimensions

Statistics for similar Multiplex homes in Cabbagetown-South St. James Town

The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.

Average days on market for similar Multiplex homes in Cabbagetown-South St. James Town

The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.

Number of transactions for similar Multiplex homes in Cabbagetown-South St. James Town

Property History

This property has been sold 2 times before. To view this property's sale price history please sign in or register:


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Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 370 - 0992