view of front of property featuring brick siding, a balcony, and a front yard Features: lawn, downspout, balcony, brick siding, gutters More Photos

×

    For Sale - 57 Cowan Avenue, Toronto, Ontario

    Est payment $9,580/mo
    Get pre-qualified
    Views   5
    Time on Jump  62 day

    AI Summary *

    • Rarely available fully leased 9-unit multiplex in vibrant South Parkdale.
    • Zero vacancy and stable tenants ensure consistent cash flow and great cap rate.
    • Diverse mix of units appeals to a broad range of tenants.
    • Upgraded units offer potential for increased rental income over time.
    • Private backyard with shed and future parking pad adds extra value.




    An exceptional and rarely available opportunity to acquire a fully leased 9-unit multiplex in the heart of south parkdale, one of toronto's most vibrant and rapidly gentrifying neighbourhoods just steps to trendy king street west, transit, shops, restaurants, and every day amenities. This well-maintained income property offers zero vacancy, stable tenants, and an excellent cap rate, making it a compelling addition to any investor's portfolio with strong in-place cash flow and long-term upside. The building features nine self-contained units including two small one-bedroom suites, four well-sized one-bedroom plus living room apartments, and three studio units on the upper floor, creating a diverse unit mix that appeals to a broad tenant base. The current owner has been strategically renovating units as they become vacant, and several suites have already been upgraded, offering clear potential for continued improvements and increased rental income overtime. Situated on a quiet residential street, the property also includes a private backyard with shed and potential for a future parking pad, creating additional value and income possibilities. The building has been well maintained with a good roof and freshly painted doors, and benefits from responsible long-term tenants. Zoned "multiplex with 7 or more self-contained units," this is a very rare chance to secure a turn key multi-unit investment in a prime west-end toronto location with strong cash flow today and meaningful long-term appreciation potential.
    Listing IDW12890260
    Address57 Cowan Avenue
    CityToronto, Ontario
    Price$1,995,000
    Bed / Bath9 / 9 Full
    Style3-Storey, Multiplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features OtherOutdoor Features Deck, Patio, PorchAmenities Park, Place Of Worship, Public Transit, School, School Bus RouteOwnership FreeholdViews CityBasement Apartment, Separate Entrance, FinishedFoundation ConcreteHeating / Cooling RadiantHeating Fuel GasSewer Sewer

    ASAP

    Tue

    19

    May

    Wed

    20

    May

    Thu

    21

    May

    Fri

    22

    May

    Sat

    23

    May

    Sun

    24

    May

    Mon

    25

    May

    Tue

    26

    May

    Wed

    27

    May

    Thu

    28

    May

    Fri

    29

    May

    Sat

    30

    May

    Sun

    31

    May

    Mon

    1

    Jun

    Tue

    2

    Jun

    Wed

    3

    Jun

    Thu

    4

    Jun

    Fri

    5

    Jun

    Sat

    6

    Jun

    Sun

    7

    Jun

    Mon

    8

    Jun

    Tue

    9

    Jun

    Wed

    10

    Jun

    Thu

    11

    Jun

    Fri

    12

    Jun

    Sat

    13

    Jun

    Sun

    14

    Jun

    Mon

    15

    Jun

    Tue

    16

    Jun

    By clicking “Get pre-qualified” and/or 'Submit' you are expressly consenting, in writing, to receive telemarketing and other messages, including artificial or prerecorded voices, via automated calls or texts from jumprealty.ca and up.mortgages at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply, frequency varies. Text HELP for help or STOP to cancel. More details in Terms of Use and Privacy Policy.

    Listing Agency:  FOREST HILL 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.

    Hospital
    Parks
    Schools
    Place of Worship
    Please select an amenity above to view a list.

    Recommended Properties

    127 Macpherson Way
    Drummond/north Elmsley, Ont…
    3 Beds | 2 Baths
    $970,000
    1461 Erbmill Lane
    Greely - Metcalfe - Osgoode…
    4 Beds | 3 Baths
    $1,349,000
    196 Tuxedo Ave Avenue
    Hamilton, Ontario.
    5 Beds | 2 Baths
    $719,000
    148 Hunterwood Chase
    Vaughan, Ontario.
    3 Beds | 3 Baths
    $2,385,000
    494 16th Street
    Owen Sound, Ontario.
    3 Beds | 2 Baths
    $389,000
    215 Sutherland Street
    Clearview, Ontario.
    4 Beds | 4 Baths
    $1,133,000
    21 Cullcastle Street
    Ajax, Ontario.
    3 Beds | 3 Baths
    $689,000
    827 Craven Road
    Toronto, Ontario.
    2 Beds | 3 Baths
    $649,000
    3414 Joan Drive
    Mississauga, Ontario.
    7 Beds | 5 Baths
    $2,375,000
    Loading...
    57 Cowan Avenue
    Toronto , Ontario
    9 9 $1,995,000
    Get more info