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    For Sale - 293/295 Indian Grove, Toronto, Ontario

    Est payment $16,759/mo
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    Views   1
    Time on Jump  8 day

    AI Summary *

    • Legal six-unit building with four renovated units and all units leased.
    • Current net operating income is $144,860, with potential upside as two units turn over.
    • Approved permits and paid fees for two garden suites, expanding the building to eight units.
    • Four-car detached garage, private drive, separate upgraded electrical panels, and coin laundry.
    • Walk to Bloor shops, Keele subway station, and High Park.




    High park legal 6-plex plus shovel-ready garden suites! 4 two-bedroom units and 2 large, bright one-bedroom lower level units, 4 of 6 renovated, 100% leased with in-place noi of $144,860. 2 br units approx 892 sq ft & 1 br units are approx 794 sq ft. Coa approved and building permits issued (transferable) for two new rent-control-exempt garden suites: a 3 bed (1,137 sf) and a 2 bed (971 sf). Design, permit fees and dcs already paid, and a fixed-price ccdc build quote in hand - the approvals work is done, grow from 6 units to 8. Additional upside as two legacy 2-bedroom units turn over to market. Rare 4-car detached garage and private drive. All units with separate upgraded electric panels. Coin laundry. Exceptional investment and solid money maker on a nice lot. Short walk to bloor shops, keele subway station and high park. Own a stabilized 6-plex today and an 8-plex tomorrow. Great opportunity to own a high park north asset.
    Listing IDW14141202
    Address293/295 Indian Grove
    CityToronto, Ontario
    Price$3,490,000
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentBasement 1Heating / Cooling Water Radiators

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    Listing Brokerage: VALERY REAL ESTATE INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    293/295 Indian Grove
    Toronto , Ontario
    $3,490,000
    Get more info