$1,990,000Asking Price
Wonderful investment opportunity, 3 separate units 2 Two bedrooms Two Bathrooms and 1 Three Bedrooms 3 Bathrooms. Great Tenants, Excellent income flow a bit lower than 5% Cap Rate. The entire building is renovated top to bottom 8ft ceilings, pot lights trough out, new flooring (vinyl in basement and main floor, engineered hardwood on 2nd and 3rd floor), Furnace 2022, A/Cs 2022 and 2025, new appliances (2022), in-suite Laundry in each unit, new balconies, new drains, new water line, water proofed basement, new windows, roof, gutters, Rockwell insulation trough out the house, underpinned. 3 separate electric meters parking for 4 cars 2.5 detached car garage. Potential to build a garden suite at the back and convert the 3 bedroom 3 bathroom unit (situated on second and third floor) into 2 separate units for a total of 5 Units and qualify the building for CMHC financing. Very close to a bus stop, shopping, schools, library, park.
Wonderful investment opportunity, 3 separate units 2 Two bedrooms Two Bathrooms and 1 Three Bedrooms 3 Bathrooms. Great Tenants, Excellent income flow a bit lower than 5% Cap Rate. The entire building is renovated top to bottom 8ft ceilings, pot lights trough out, new flooring (vinyl in basement and main floor, engineered hardwood on 2nd and 3rd floor), Furnace 2022, A/Cs 2022 and 2025, new appliances (2022), in-suite Laundry in each unit, new balconies, new drains, new water line, water proofed basement, new windows, roof, gutters, Rockwell insulation trough out the house, underpinned. 3 separate electric meters parking for 4 cars 2.5 detached car garage. Potential to build a garden suite at the back and convert the 3 bedroom 3 bathroom unit (situated on second and third floor) into 2 separate units for a total of 5 Units and qualify the building for CMHC financing. Very close to a bus stop, shopping, schools, library, park.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 2 4-Piece Bathrooms | ||||
| 1 4-Piece Bathroom on Ground Floor | ||||
| 1 2-Piece Bathroom on Ground Floor | ||||
| 3 4-Piece Bathrooms | ||||
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Regal Heights, Toronto is a central Toronto neighbourhood notable for its renters, university grads, executives, business, education, law & public sector and arts & culture professionals, salespeople and tradespeople. It has a higher than average population of immigrants from Portugal, and Italian, Spanish and Portuguese speakers. Residents tend to be younger with a significant number of adults aged 25 to 39, 25 to 39, 25 to 39 and 25 to 39 and seniors aged 65 to 69.
Kids Per Family
1.1
kids per family
in the neighbourhood.
49%
of residents are
single and loving it.
49% singles
Toronto (50%)
55%
of residents
are renters.
55% renters
Toronto (47%)
55%
of residents are
university grads.
55% university grads
Toronto (48%)Average Household Income
$145K
is the average household
income in the neighbourhood.
Professions
| Sales | 17% |
| Business | 13% |
| Government | 11% |
| Management | 10% |
| Culture | 9% |
33%
of residents were
born outside of Canada.
33% immigrants
Toronto (48%)6.4% from Portugal
All-time
0.3% from Other South America
Recent
Foreign Languages
| Italian | 6% |
| Portuguese | 6% |
| Spanish | 6% |
| French | 2% |
| Tagalog | 1% |
Religions
| Christian | 60% |
| Jewish | 8% |
| Buddhist | 2% |
| Muslim | 1% |
| Hindu | 1% |
Social Housing Buildings
0
Social housing buildings
in the neighbourhood.
Shelters
0
Homeless shelters in
the neighbourhood.