$5,399,888
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156 Barrington Avenue, Toronto (crescent Town), ON M4C4Z2

- Beds
0 Baths
12,240 Sq Ft

This exclusive 12-unit apartment building in Torontos East End offers a high-yield investment with a 2023 net operating income of $313, 042 and a 5.8% cap rate. With 1 bachelor unit and 11 two-bedroom units, this 3-storey walk-up features intercom access, coin-operated laundry, and 8 rentable parking spaces, all designed to maximize income potential. Strategically upgraded, the property includes renovated kitchens, bathrooms, fresh paint, modern flooring, and 100-amp panels in each unit. A new boiler (2021) and 13 hydro meters add efficiency, making it an attractive choice for tenants and owners. Located near Danforth Village, Main Street Subway, and Danforth GO, the building is ideally situated for commuters, providing easy access to downtown Toronto and nearby amenities like parks, schools, and Greektowns vibrant community. High demand and rising rental rates make this area highly sought-after with low vacancy rates. With limited new construction, this property stands out as a turnkey investment with strong cash flow in a growing market. EXTRAS Data room available for interested buyers. Review brochure and financials for more info (id:55598)

  • MLS® E10413083
  • Date Listed11/06/2024
  • Days on Realty 9 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Subdivision Crescent Town
  • Property Type Multi Family
  • Water Public
  • Square Feet 12,240 sq. ft
  • Price Per Sq. Ft $441.17

Interior Features

  • Appliances Dryer, Refrigerator, Stove, Washer
  • Heating Hot Water Radiator Heat, Natural Gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Walkability in ON / M4C4Z2

Source: Walkscore

97/100

Walker's Paradise

Walk Score ®

89/100

Excellent Transit

Transit Score ®

92/100

Biker's Paradise

Bike Score ®

Overview

Daily errands do not require a car. Transit is convenient for most trips. Daily errands can be accomplished on a bike.

Transit Summary

22 nearby routes: 20 bus, 2 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 73/100, Transit Score: 71/100, Bike Score: 65/100.

Points of interest near 156 BARRINGTON AVENUE, Toronto (Crescent Town), ON M4C4Z2

Frequently Asked Questions for 156 BARRINGTON AVENUE

Source: Realty.com

156 BARRINGTON AVENUE, Toronto (Crescent Town), ON M4C4Z2 is a Multi Family, Residential Income property listed for $5,399,888 The property is 12240 sq. ft with - bedrooms and 0 bathrooms

Realty.com has 17 photos of 156 BARRINGTON AVENUE.

The full address for this home is 156 BARRINGTON AVENUE, Toronto (Crescent Town), ON M4C4Z2.

156 BARRINGTON AVENUE has been listed on Realty.com since Wed November 06, 2024

Daily errands do not require a car. Transit is convenient for most trips. Daily errands can be accomplished on a bike.

The average walkability score in the surrounding area is Walk Score: 73/100, Transit Score: 71/100, Bike Score: 65/100.

Listing provided courtesy of: RE/MAX GOLD REALTY INC. (tel: (905) 290-6777)
Listing agent: ADDY SAEED (tel: (647) 689-5841 x)

This content last refreshed on 2024-11-15 03:44:44. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 156 BARRINGTON AVENUE, Toronto (Crescent Town), ON M4C4Z2 : MLS® E10413083