223 River Street Sold a year ago

Toronto, Cabbagetown-South St. James Town, M5A 3P9

$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: M5A 3P9

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

Size: 7.14
Width: 2.10
Length: 3.40

Size: 6.93
Width: 2.10
Length: 3.30

Size: 7.14
Width: 2.10
Length: 3.40

Size: 15.48
Width: 3.60
Length: 4.30

Size: 17.16
Width: 3.30
Length: 5.20

Size: 9.57
Width: 2.90
Length: 3.30

Size: 14.19
Width: 4.30
Length: 3.30

Size: 9.36
Width: 2.40
Length: 3.90

Size: 5.60
Width: 2.00
Length: 2.80

Size: 8.40
Width: 2.80
Length: 3.00

Size: 10.50
Width: 2.50
Length: 4.20

Size: 22.62
Width: 3.90
Length: 5.80

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.