Less than half the price of a house with a great return.
Exceptional location in the Toronto CBD with maximum exposure. strata title unit of 37 Sqm with on-site parking.
Occupied as pet and produce shop for over 40 years.
Rent is $14,520 + GST.
Currently leased till the 2nd of December with a further 2 x 2-year option to extend.
This rare opportunity for a handsome return on capital with a modest outlay.
DON'T MISS OUT ON THIS AMAZING INVESTMENT
The information contained herein has been provided by people we believe to be reliable, however all interested parties must rely on their own enquiries.
The size of Toronto is approximately 9.3 square kilometres. It has 21 parks covering nearly 10.8% of total area. The population of Toronto in 2011 was 5,432 people. By 2016 the population was 5,630 showing a population growth of 3.6% in the area during that time. The predominant age group in Toronto is 60-69 years. Households in Toronto are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Toronto work in a professional occupation. In 2011, 58.1% of the homes in Toronto were owner-occupied compared with 59.7% in 2016.
Toronto has 3,582 properties. Over the last 5 years, Houses in Toronto have seen a 72.49% increase in median value, while Units have seen a 43.49% increase. As at 30 September 2024:
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