272 Queen St. E., Brampton, Ontario L6V 1B9

Phone: 905-454-1100  Toll: 1-877-306-4776

726 Lansdowne Ave

Dovercourt-Wallace Emerson-Junction
Toronto, Ontario
$1,865,000
For Sale
MLS© ID: W3887554
4 Bath(s)
 to   

For Sale or Lease

Property Type

Rooms

Amenities


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2 Buildings:3 Newly Renovated Residential Units (2X2Beds+1+Den) In Front Building (1571 Sq Ft) +1 Large Commercial Single Storey Building At Rear (1493 Sq Ft). Aprx 3200 Sq Ft Of Building Space W/ 4 Tandem Parking Spots & A Beautiful Patio! Commercial Generates $4290/Mo, Utilities Paid By Tenant. Residential Units Generate $6000/Mo ($2400+$2100+$1500). 4 Sep Hydro & Gas Meters For Each Unit. 5.5% Cap Rate Based On Asking Price. Total Est Expenses/Yr $21653.31

Extras: $10, 290 Per Month Semi Gross. Commercial Pays $3000 Net + Tmi ($1, 290) + Utilities. Residential Tenants Pay For Heat And Hydro. Landlord Pays For Residential Water And Residential Portion Of Tmi. See Attached Financial Summary And Package.

Property Features

  • Directions/Cross Streets: Lansdowne & Dupont
  • Lot Size Code: Feet
  • Taxes: 13737.03
  • Approx Age: 31-50
  • Tax Year: 2016
  • Property #: W3887554
  • Sale/Lease: Sale
  • Country: Canada
  • Province: Ontario
  • Municipality: Toronto
  • Business Type: Apts-2 To 5 Units
  • Area Influences1: Public Transit
  • Area Influences2: Subways
  • Garage Type: Other
  • Legal Description: Plan M88 Blk T Pt Lots 11 & 12
  • Lot Depth: 120.00
  • Lot Front: 27.75
  • Type: Investment
  • Parking Spaces Total: 4
  • Business/Building Name: 726 Lansdowne Inc
  • Category: Apartment
  • Chattels: Y
  • Crane: Y
  • Drive-In Level Shipping Doors #: 2
  • Expenses Actual/Estimated: Est
  • Financial Statement: Y
  • Franchise: N
  • Freestanding: Y
  • Gross Income/Sales: 123480.00
  • Insurance Expense: 2000.00
  • Lot/Bldg/Unit Code: Lot
  • Office/Apt Area: 1571
  • Office/Apt Area Code: Sq Ft
  • Retail Area: 1439
  • Retail Area Code: Sq Ft
  • Soil Test: Y
  • Sprinklers: N
  • Survey: Y
  • Total Area: 3195.00
  • Total Area Code: Sq Ft
  • Type Taxes: Annual
  • Utilities: Y
  • Air Conditioning: Y
  • Heat Type: Gas Forced Air Open
  • Sewers: San+Storm
  • Water: Municipal
  • Water Expense: 4800.00
  • Maintenance: 6000.00
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