Apartment building, Toronto, Canada

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Example of apartment building in Toronto

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Apartment building, Toronto, Canada

1,700,000 $
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Total area: 410 m² Yield: 5.3%
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Features
  • Operating Incomе: 73,071 €
  • Land area: 110 m²
  • 3-floor building
  • Occupancy: 90%
  • Number of parking lots: 3

Apartment building with commercial premises on the ground floor.

Description

The commercial area is 110 m².

The living area is 300 m².

The building was recently renovated.

 There is parking for 2–3 cars in the territory of the office.

Financial performance

The price of the property is 1,700,000$.

The absolute annual income is 90,000$.

The current yield is 5.3%.

Tenants

Residential areas on the second and third floors are fully leased.

The annual payment from each tenant is 2,500 dollars.

One apartment on the ground floor is vacant.

Location

The property is located in the center of the city. 

There is a wide range of restaurants, theaters, nightclubs, bars, shopping centers and markets in the neighborhood.

There is a convenient transport interchange, a large number of public transport stops nearby.

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Artem Ezhkov
Artem Ezhkov
Real Estate Expert Tranio in Toronto
+44 20 3608 1267
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