Description
Rare investment opportunity, 5% Cap Rate, with further value add opportunity available. 206 Carlton St. is a 3 storey, 3,841 SF student house in downtown Toronto. The building has 20 units, all fully occupied, with 4 more additional units being added. Upgraded cosmetic renovation complete in 2021 along with new appliances & HVAC. 206 Carlton St. has excellent exposure to nearby city transit with bus stops right outside the front door and the nearest subway entrance is within walking distance.
Address
Open on Google Maps- Address 206 Carlton Street
- City Toronto C08
- State/county ON
- Zip/Postal Code M5A 2L1
Details
Updated on September 12, 2024 at 1:03 pm- Property ID: C9345098
- Price: $5,275,000
- Property Size: 3840 Sqft
- Garage Size: x x
- Property Type: Investment, Commercial Sale
- Property Status: For Sale, Active
Additional details
- Utilities: Yes
- Sewer: Sanitary
- Cooling: Yes
- County: Toronto
- Property Type: Commercial Sale
- Community Features: Public Transit,Subways
Overview
Property ID: C9345098
- Investment, Commercial Sale
- 3840
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