93 Spadina Road

Toronto, ONMulti-family
$3,999,900
MLS® C13753714
Multi-family2 beds16 baths3 total
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About This Property

Turnkey 16-unit residential investment in the heart of the Annex, offered as two buildings on one lot: 14 studios in the main building plus a coach house with two one-bedroom units. Gross revenue of $268,906 with a projected NOI of $198,397. Private drive with three parking spots located literally one door over from the entrance to the Spadina TTC Subway Station and a 12-min walk to University of Toronto St. George campus. Meticulously maintained under long-term ownership. This is an investors' dream property. Tenant demand in this pocket is deep enough that vacancies typically draw multiple qualified applications. Rare opportunity in Toronto's most resilient neighborhood. (id:63604)

Key Facts

Type
Multi-family
Beds
2
Baths
16
Size
5,000 sqft
Lot
32 x 130 FT
Parking
3 total

Highlights

  • Washer
  • Refrigerator
  • Central Vacuum
  • Intercom
  • Stove
  • Oven
  • Dryer
  • Cooktop
  • Window Coverings
Property Details 15 details
Bedrooms
2 bedrooms
2 above grade
Bathrooms
16 bathrooms
14 partials
Parking
3 parking spaces
No Garage
Living area
5,000 - 100,000 sq. ft.
Property
Multi-family
Property subtype
Multi-family
Structure type
Other
Storeys
3
Basement
Apartment in basement
Heating
Baseboard heaters, Electric
Cooling
Window air conditioner
Fireplace
No
Lot dimensions
32 x 130 FT
Frontage
32 feet
Taxes
$12,722.02
Zoning
R (D1*900)
Water source
Municipal water
Sewer
Sanitary sewer

Interior features

WasherRefrigeratorCentral VacuumIntercomStoveOvenDryerCooktopWindow Coverings

Exterior features

Brick
Mortgage & Affordability Estimate monthly costs
Purchase price$3,999,900
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Annex
City
Toronto
Postal code
M5R 2T1
Nearby
Spadina Rd & Bloor St W