684 College Street, Toronto, ON, M6G 1C1

Property Details: - Type: Investment - Bedrooms: 0 - Bathrooms: 4 - MLS#: C12877918 Listed By: RE/MAX WEST REALTY INC.

Little Italy 3 Storey Mixed Use Building With Parking For Sale. 1 Commercial Ground Floor Unit + 3 Residential Units. Building Completely Vacant. Dream Opportunity To Start Your Own Business Or Rent Our Entire Building At Market Rents. Previous Rental Rates For Units Are As Follows: Main Floor Commercial Unit $3900/mth Gross Lease, Rear One Bedroom $1900/mth, 2nd Flr 2 Bedroom $2800/mth, 3rd Flr 2 Bedroom $2800/mth. All Units Plus Hydro W/ Sep Meters. 5 Hydro Meters In Total. Potential Annual Income $136,800 "As Is". Insurance $6,000/yr, Common Area Hydro $1,200/yr, Gas $3,500/yr, Water $3,700/yr. Opportunity For Value-Add Investor To Increase Income With Some Cosmetic Renovations. 1 Parking Spot In Rear Garage. Bsmt With Separate Entrance Also Has Potential For Additional Unit. Mechanically The Building Is Well Updated With No Major Cap-Ex Necessary. Positioned Along One Of The Most Desirable Sections Of College Street, This Building Sits In The Middle Of Toronto's Vibrant Little Italy District. The Area Is Known For Its Popular Eateries, Specialty Retailers, Local Markets, And Lively Coffee Spots That Draw Constant Foot Traffic. Convenient Streetcar Service Directly Outside The Property Makes Commuting Easy For Both Visitors And Occupants. Whether The Goal Is To Secure Dependable Rental Revenue, Create A Combined Residential And Workspace Environment, Or Simply Hold A Valuable Asset For The Future, The Property Offers Significant Flexibility. This Is A Rare Chance To Acquire A Versatile Investment In One Of Downtown Toronto's Most Dynamic And Sought-After Neighbourhoods. This investment home located at 684 College Street, Toronto is currently for sale and has been available on Zolo.ca for 8 days. This property is listed at $1,900,000 with an estimated mortgage of $6,993* per month. It has beds, 4 bathrooms, and is 3,300 square feet. The property was built in 51-99. 684 College Street, Toronto is in the Palmerston-Little Italy neighborhood Toronto. University, Dufferin Grove and Dovercourt-Wallace Emerson-Junction are nearby neighborhoods.