272 Sherbourne St

Great opportunity to live and rent or just as a total investment property. Top floor is a 3-bedroom unit. Second floor is a 3-bedroom unit with possible alterations. Main floor is a 2-bedroom unit. And the lower unit is a 1-bedroom unit with possibilities to change to a 2-bedroom unit. Total renovation completed in 2023. Close to 4,500 sq ft of living space. Modern decor and clean lines. 9-foot ceilings in basement, main, second, and 8-foot ceilings on the third floor. Lots of storage space. Good Cap rates for a Toronto investment property and the possibility to increase with minimal alterations to close to 5.0%. Current gross rents are $132K (including utilities) with the possibility of increasing to $150K plus utilities. See floor plans for configuration and measurements. 4 car lane parking. Shed for storage in the back. Qualified to add a laneway suite in the back to live/rent/sell. Great neighbourhood with a very good Walk Score.

Ideal Live in Investment Opportunity. Exceptional Property Designed for Both Comfortable Living and Rental Income. Situated in a Vibrant Neighborhood, This Unique Lot Features Two Well Maintained Buildings Offering a Total of 3, Three-Bedroom Units and 1 One-Bedroom Unit... MAIN HOUSE Generous Living Space and a Cozy Basement Unit Perfect for Guests or Additional Rental Income. Large Windows and Natural Light, Ideal for Both Entertaining and Every Day Living... BACK BUILDING, Rear Building Consists of 2 Spacious, Three-Bedroom Apartments, One on the Lower Level and One Above. Both Units Features Bright Airy Interiors With Modern Finishes... KEY FEATURES: Four Apartments in Total, 3 Three-Bedroom Units and 1 One-Bedroom Unit. Excellent Condition Throughout. Bright and Spacious Layouts. Prime Location Near Shops, Restaurants, Public Transit and Library. Ample Parking and Outdoor Space. The Property Provides a Wonderful Place to Live and an Opportunity for Substantial Rental Income in a Highly Desirable Area.

Large 7-unit apartment Building in trendy South Riverdale/Leslieville area. 1 x 1-Bed Unit with kitchen, BathTub/Shower, 5 x 2-bed Units with Kitchen, Bath Tub/Shower, 1 x 3-Bed (full top floor) with Bath, DoubleSink Vanity, Shower, Large Tub, Kitchen, Washer and Dryer, its own Water Heater, and Electric Heating/Cooling System. The rest of the Units share 2 additional Hot Water Tanks, and a shared coin laundry facility. There are also two small storage rooms. A must-see building to appreciate the size and finishes of the apartments. 8 Parking spots. Windows 2017. New Roof 2020. Tenants pay Hydro. Close to restaurants, breweries, Chinatown East, Leslieville, Indian Bazaar and the Beaches. The New Ontario Line Subway will also increase transportation and value. Each Unit has its own electricity meter. Ideal for any investor looking for a cash flow positive asset with still significant upside on rents.