$385,000Asking Price
Turnkey, self-sustaining investment opportunity in downtown Toronto, generating approximately break-even to slightly positive cash flow at current rent of $1,900-$1,950/month, with tenant responsible for heat and hydro. Estimated cap rate of ~4.2%(above average for comparable downtown condo investments) combined with low monthly maintenance fees of $343 makes this an efficient, low-maintenance asset with minimal out-of-pocket exposure. Tenant-paid utilities further enhance netoperating efficiency. Located in a proven high-demand rental pocket, units in this building rent quickly when available-helping minimize vacancy risk and support consistent occupancy. Ideal for investors seeking a stable hold with limited ongoing management and reducedexposure to unexpected costs. Fully renovated in 2023, the suite features new luxury vinyl flooring throughout, an updated kitchen with new countertops,backsplash, stainless steel appliances, and lighting, along with a modernized bathroom with new ceramics, vanity, and hardware. Full soundproofing throughout the entire unit, including ceiling replacement, provides exceptional privacy and durability- an uncommon feature that can help reduce tenant turnover. Situated in Windsor Lofts, an intimate 5-storey boutique building with only 30 units and limited turnover. Steps to transit, universities, hospitals, and the downtown core. Walk Score 95, Transit Score 92, Bike Score 98. A compelling opportunity to secure a low-entry, income-producing asset in one of Toronto's strongest rental corridors- also well-suited for end users seeking a fully renovated, low-maintenance downtown suite.
Turnkey, self-sustaining investment opportunity in downtown Toronto, generating approximately break-even to slightly positive cash flow at current rent of $1,900-$1,950/month, with tenant responsible for heat and hydro. Estimated cap rate of ~4.2%(above average for comparable downtown condo investments) combined with low monthly maintenance fees of $343 makes this an efficient, low-maintenance asset with minimal out-of-pocket exposure. Tenant-paid utilities further enhance netoperating efficiency. Located in a proven high-demand rental pocket, units in this building rent quickly when available-helping minimize vacancy risk and support consistent occupancy. Ideal for investors seeking a stable hold with limited ongoing management and reducedexposure to unexpected costs. Fully renovated in 2023, the suite features new luxury vinyl flooring throughout, an updated kitchen with new countertops,backsplash, stainless steel appliances, and lighting, along with a modernized bathroom with new ceramics, vanity, and hardware. Full soundproofing throughout the entire unit, including ceiling replacement, provides exceptional privacy and durability- an uncommon feature that can help reduce tenant turnover. Situated in Windsor Lofts, an intimate 5-storey boutique building with only 30 units and limited turnover. Steps to transit, universities, hospitals, and the downtown core. Walk Score 95, Transit Score 92, Bike Score 98. A compelling opportunity to secure a low-entry, income-producing asset in one of Toronto's strongest rental corridors- also well-suited for end users seeking a fully renovated, low-maintenance downtown suite.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Foyer | Main | 7.22' x 7.55' | Vinyl Floor |
| 2 | Kitchen | Main | 11.48' x 7.87' | Vinyl Floor, Stainless Steel Appliances, Granite Counters |
| 3 | Bathroom | Main | 7.87' x 4.92' | Vinyl Floor, 4-PieceBath |
| 1 4-Piece Bathroom on Main Floor | ||||
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Church and Wellesley, Toronto is a central Toronto neighbourhood notable for its singles, renters, university grads, executives, business, science, education, law & public sector and arts & culture professionals and salespeople. Residents tend to be younger with a significant number of youth aged 20 to 24 and adults aged 25 to 44.
Kids Per Family
0.3
kids per family
in the neighbourhood.
64%
of residents are
single and loving it.
64% singles
Toronto (50%)
76%
of residents
are renters.
76% renters
Toronto (47%)
67%
of residents are
university grads.
67% university grads
Toronto (48%)Average Household Income
$89K
is the average household
income in the neighbourhood.
Professions
| Sales | 16% |
| Business | 15% |
| Government | 11% |
| Sciences | 9% |
| Management | 9% |
36%
of residents were
born outside of Canada.
36% immigrants
Toronto (48%)3.5% from India
All-time
1.5% from India
Recent
Foreign Languages
| Mandarin | 4% |
| French | 4% |
| Spanish | 3% |
| Korean | 2% |
| Cantonese | 2% |
Religions
| Christian | 44% |
| Jewish | 4% |
| Muslim | 3% |
| Hindu | 3% |
| Buddhist | 2% |
Social Housing Buildings
4
Social housing buildings
in the neighbourhood.
Shelters
4
Homeless shelters in
the neighbourhood.