14 Torbolton DR new Save Request In-Person Tour Request Virtual Tour
Toronto W10,ON M9W 3Y2
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID W11822451
Annual Tax Amount $24,086
Tax Year 2024
Property Description
14 Torbolton Dr is a 16 unit apartment building with 6 - 1 bedroom suites and 10 - 2 bedroom suites. The building features four balconies, on site laundry, it is individually meter hydro, and has ample tenant parking with 10 surface stalls and 8 garages. Value add investment opportunity with over 68% upside in rental income on turnover. Their is potential to add an additional unit in the basement where the locker room is. Located in a gentrifying neighborhood with easy access to arterial transit routes. Major nearby retailers include Costco, Walmart, Canadian Tire and Home Depot.
Location
Province ON
County Toronto
Community Rexdale-Kipling
Area Toronto
Zoning RA*13
Region Rexdale-Kipling
City Region Rexdale-Kipling
Interior
Cooling No
Exterior
Utilities Available Yes
Others
Security Features No