For Sale - 210 Vaughn Road, Toronto, Ontario

Est payment $30,252/mo
Views   1
Time on Jump  2 day
  • 25-unit apartment building in a walkable neighbourhood near transit, shops, restaurants, gyms, and salons.
  • Nearly fully leased, with mostly one-bedroom units and on-site coin laundry.
  • Potential to increase rental income through suite improvements and operating expense efficiencies.



Apartment investment opportunity in the prime neighbourhood of humewood-cedarvale near bathurst and st clair! Very transit oriented with access to the st. Cair w subway, the vaughan road bus, the st clair streetcar and a very walkable neighbourhood to various amenities including grocery, gym, restaurants and salons. The building with 25 units is almost 100% leased, comprised of mostly 1 bedroom units and has coin laundry on site. Offering solid cash flow with compelling rental upside, this is an opportunity to further enhance an existing income-producing asset and drive meaningful noi growth by optimizing rents through strategic suite improvements upon turnover as well as streamlining operating expenses. For investors seeking a strategic acquisition with multiple levers to increase income and strengthen returns, this property presents an exciting opportunity to capitalize on the fundamentals of toronto's rental market.
Listing IDC14162324
Address210 Vaughn Road
CityToronto, Ontario
Price$6,300,000
StyleInvestment
TypeIndustrial/Commercial
StatusFor Sale
Subtype InvestmentBasement 1Heating / Cooling BaseboardSewer Sanitary+Storm
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Listing Brokerage: LENNARD COMMERCIAL REALTY

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210 Vaughn Road
Toronto , Ontario
$6,300,000
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