header

$2,389,000
Available - For Sale
Listing ID: W12890260
An exceptional and rarely available opportunity to acquire a fully leased 9-unit multiplex in the heart of South Parkdale, one of Toronto's most vibrant and rapidly gentrifying neighbourhoods just steps to trendy King Street West, transit, shops, restaurants, and every day amenities. This well-maintained income property offers zero vacancy, stable tenants, and an excellent cap rate, making it a compelling addition to any investor's portfolio with strong in-place cash flow and long-term upside.The building features nine self-contained units including two small one-bedroom suites, four well-sized one-bedroom plus living room apartments, and three studio units on the upper floor, creating a diverse unit mix that appeals to a broad tenant base. The current owner has been strategically renovating units as they become vacant, and several suites have already been upgraded, offering clear potential for continued improvements and increased rental income overtime.Situated on a quiet residential street, the property also includes a private backyard with shed and potential for a future parking pad, creating additional value and income possibilities. The building has been well maintained with a good roof and freshly painted doors, and benefits from responsible long-term tenants. Zoned "Multiplex With 7 Or More Self-Contained Units," this is a very rare chance to secure a turn key multi-unit investment in a prime west-end Toronto location with strong cash flow today and meaningful long-term appreciation potential.
Price $2,389,000
Taxes: $13,445.73
Assessment Year: 2025
Occupancy by: Tenant
Address: 57 Cowan Avenue , Toronto, M6K 2N1, Toronto
Directions/Cross Streets: King/Dufferin
Rooms: 18
Rooms +: 8
Bedrooms: 7
Bedrooms +: 2
Washrooms: 9
Family Room: F
Basement: Apartment
Separate Ent
No. of Pieces Level
Washroom 1:  4 Upper
Washroom 2:  3 Third
Washroom 3:  4 Second
Washroom 4:  4 Basement
Washroom 5:  3 Basement
Washroom 6:  4 Upper
Washroom 7:  3 Third
Washroom 8:  4 Second
Washroom 9:  4 Basement
Washroom 10:  3 Basement
Washroom 11:  4 Upper
Washroom 12:  3 Third
Washroom 13:  4 Second
Washroom 14:  4 Basement
Washroom 15:  3 Basement
Property Type: Multiplex
Style: 3-Storey
Exterior: Brick
Garage Type: None
Drive Parking Spaces: 0
Pool: None
Approximatly Square Footage: 2500-3000
Property Features: Park
Place Of Worship
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Radiant
Central Air Conditioning: Wall Unit(s
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
Utilities-Cable: Y
Utilities-Hydro: Y
First Name: *
Last Name: *
Phone: *
Email: *
Showing Date:
Showing Time:
I Am Thinking of Moving
 
First Name: *
Last Name: *
Phone: *
Email: *

Message:

From:

Name:
Email:

To:

Name:
Email:

Comment:

 

Down payment: $  
Interest Rate: %  
Amortization :  Years
Payment Frequency:
Your Payment:
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
FOREST HILL REAL ESTATE INC.

57 Cowan Avenue , Toronto, M6K 2N1, Toronto


 
 Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Freehold - Multiplex
Area: Toronto
Municipality: Toronto W01
Neighbourhood: South Parkdale
Style: 3-Storey
Lot Size: x 87.00(Feet)
Approximate Age:
Tax: $13,445.73
Maintenance Fee: $0
Beds: 7+2
Baths: 9
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
View Larger Map
Payment Calculator:
Price:
Down Payment: %
Rate: %
Amortization:  Years
Frequency
Calculate
Down Payment:
Mortgage Payment:
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Listing info
Description
General Details
Room & Interior
Exterior
Utilities
Get More Info:
Book Showing
Request More Info
Email Friend
Photos and movies:
View Slide Show
View All Photos
Calculator:
Affordability Chart
Mortgage Calculator
More To Do:
Print This Page

Listing added to compare list, click here  to view comparison chart.
Personal Pic Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854

Personal Picture
Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com



FEATURED PROPERTIES
Please note that content and information contained in this website is for demonstration purposes only and this website is trial website or test website and it can not be used for marketing purposes.