EXP REALTY

$2,390,000

120 MCGILL STREET, Toronto, Ontario

6 Bedrooms

6 Bathrooms

1500 Sqft

Property

MLS® Number: C11944550

Address: 120 MCGILL STREET

City: Toronto

Exterior: Brick

Utilities

Central Air: Yes

Heating: Forced Air, Natural Gas

Parking

Parking Spaces: 1

> Attention all investors and landlords. Completely renovated freehold Victorian townhome. This 3 unit townhome featuring A total of 6 spacious bedrooms, 3 modern kitchens and 6 bathrooms. Over 2200 sf of living space, 10 ft ceilings on the main floor, a large third-floor deck, and a stunning private backyard retreat with a shed. Main floor is a large 1 bedroom 1 washroom unit. 2nd and 3rd floor unit has 4 bedrooms and 4 ensuite's. Basement is a separate entrance 1 bedroom. Nestled in a heart of downtown next to a few big high rise condos. This property has the potential to be purchased by future developers. Also comes with one parking spaces that are currently rented by Spot Hero. Conveniently located just steps from Toronto Metropolitan University (formerly Ryerson), and within walking distance to U of T, hospitals, shopping, dining, the entertainment district, and public transit. Consistently fully rented. This investment property is a positive cashflow gem! Priced to sell come get it before it's gone! **EXTRAS** 3 Fridge, 3 Stoves, 3 Hood, 2 Washer & Dryer, Existing Window Coverings, Alf, Upgraded - Electrical Wiring, Central A/C/Furnace, HWT, Windows. Approx. 119K In Gross Income - 5.72% Cap Rate! Must assume tenants in leases w/ good market rent! (id:52316)

Property Sale History

Travel and Neighbourhood

Walker's Paradise

Location

Andrew Demers
Andrew Demers

Sales Representative

RE/MAX Escarpment

Contact Andrew Demers