557 Markham Street, Toronto Palmerston Little Italy
- Bedrooms: 7
- Bathrooms: 6
Source: Public Records
Note: This property is not currently for sale or for rent on Ovlix.
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Property Details
- Heating: Hot water radiator heat, Natural gas
- Stories: 2.5
- Structure Type: Other
- Exterior Features: Brick
- Foundation Details: Unknown
Interior Features
- Basement: Finished, Apartment in basement, Walk out, N/A
- Flooring: Tile, Hardwood, Laminate
- Appliances: Washer, Refrigerator, Stove, Dryer, Water Heater - Tankless
- Bedrooms Total: 7
Exterior & Lot Features
- Lot Features: Lane
- Water Source: Municipal water
- Parking Total: 2
- Parking Features: Detached Garage
- Lot Size Dimensions: 22 x 125 FT
Location & Community
- Directions: Bathurst & Bloor (Steps to transformed Mirvish Village)
Utilities & Systems
- Sewer: Sanitary sewer
Tax & Legal Information
- Tax Annual Amount: 9770.84
Turnkey investment in the heart of Little Italy! This grand semi-detached home at Bloor & Bathurst offers 6 self-contained rental units (5 occupied) a perfect portfolio addition. The property features 5 one-bedroom units and a spacious 2-level, 2-bedroom suite, and many updates throughout the property. Solid & sympatico tenants provide peace of mind to this investment opportunity. Unbeatable location: steps to Bloor St, Bathurst Subway, U of T, and directly across from the redeveloped and new Mirvish Village. Enjoy nearby shopping, parks, cafes, and dining. Five units enjoy outdoor spaces, two include in-unit laundry, and there's a 2-car garage with laneway access plus a laneway suite study offering exciting development potential. Monthly revenue is approx. $10,320/mo, and once fully occupied projected monthly revenue of $12,580/mo is expected once the recently renovated unit is leased. Investment opportunity not to be missed.