1311 PAPE AVENUE, Toronto (Danforth Village-East York), Ontario, M4K3W9

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For sale, ID#: E13181652
1311 PAPE AVENUE
Toronto (Danforth Village-East York) Ontario
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$4,158,888

Prime Riverdale / Danforth Investment Opportunity. Rare Fully Rebuilt Down-To-The-Studs 10-Unit Victorian Apartment Building In One Of Toronto's Most Desirable East-End Rental Corridors. Featuring 10 Fully Vacant Self-Contained Suites Comprised Of 8 Spacious One-Bedroom Units And 2 Large Two-Bedroom Units, Offering Investors Complete Flexibility With Tenant Selection And Rental Positioning From Day One.Extensively Renovated With New Plumbing, New Electrical Throughout, New Furnace & Updated Mechanical Systems, Energy-Efficient Windows & Doors, Modern Fire-Rated Construction, Smart Main Building Entry System, Security Cameras Throughout, Contemporary Kitchens & Bathrooms, Frameless Glass Showers, Premium Flooring, Pot Lights And High-End Finishes Throughout. All 10 Suites Are Equipped With Refrigerators, Gas Stoves And Microwaves, Providing A Fully Functional Turnkey Residential Setup, While Preserving The Original Brick Exterior And Historic Character.Large Lot Featuring 12 Surface Parking Spaces, Attractive Outdoor Space With Potential Tenant Lounge / Garden Area, Separately Metered Hydro And Strong Long-Term Rental Appeal In A High-Demand Location.Walking Distance To TTC, Danforth Shops, Restaurants, Parks & Everyday Amenities. Future Transit And Infrastructure Improvements In The Area May Further Enhance Long-Term Accessibility And Tenant Demand.A Rare Turnkey Multi-Residential Asset Offering Modern Infrastructure, Minimal Deferred Capital Expenditure Expectations And Strong Investment Fundamentals In One Of Toronto's Most Established Rental Markets. (id:2471)

Representative
Candace McNaughton
Candace McNaughtonOffice Administration
McConkey Real Estate Corp. Brokerage
Property Details
  • Property Address: 1311 PAPE AVENUE, Toronto (Danforth Village-East York), Ontario, M4K3W9
  • Community Name: Danforth Village-East York
  • Property Type: Multi-family
  • Zoning Description: R1C (Rd)
  • Lot Size: Bldg=107 x 111.56 FT
  • Acreage: Bldg=107 x 111.56 FT
  • Water Type: Municipal water
  • Total Parking Spaces: 12
  • Amenities Nearby: Public Transit, Highway
Structure Details
  • Structure Style: Multi-Family
  • Cooling: None
Neighbourhood Information

Listing Office: BAY STREET GROUP INC.

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1311 PAPE AVENUE, Toronto (Danforth Village-East York), Ontario, M4K3W9

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