Greenwood-Coxwell, East York, M4L 1C7
Description
6-Plex Investor Opportunity With Excellent Development Potential In The Heart Of The Trendy Leslieville Neighbourhood. Situated On A 42 X 100 Ft Lot, This Property Offers Potential For Additional Storeys, Condo, Apartment Or Hotel Development, With Mixed-Use Commercial Space At The Base. Just Steps From Vibrant Queen St. East, Enjoy Easy Access To Some Of The City's Best Restaurants, Cafes And Shops. Potential Cap Rate Of 6% At Current Market Rents. Fully Tenanted With Roughly $8,900 Monthly Income. Floorplans, Survey, Exterior Photos Available. AS IS WHERE IS . Vacant Possession. Ability To Sever Lot. 1349 & 1351 Queen St E. Are Adjoining Lots.
Features
- Facing: South
- Bedrooms: 5
- Bathrooms: 6
- Garages: 2
- Kitchens: 6
Details
- Lot size: 42.55 x 99.82 Feet
- Space: 5000 +
- Tax: $ 11869.00
- E14095108
- Listing contracted with: PSR
| Bathroom | Pieces | Level | |
|---|---|---|---|
| 2xBaths | 3 pcs | Main |
|
| 2xBaths | 3 pcs | Second |
|
| 2xBaths | 3 pcs | Third |
Property Summary
Located close to the intersection of Queen & Greenwood, 1349/1351 Queen St E is a 5+5 bedrooms 6 washrooms Multiplex. The unit has a Double Other Parking Spaces. The property has many nice features including Other. .Home Market Analysis
For Lease
Rent levels have decreased 35.3% compared with the same period last year.
How This Home Compares
Local Area Profile
This property is located in an area with a significant rental housing presence with a mix of townhouses and apartments and condominiums. Approximately 55% of residents hold a bachelor's degree or higher, while about 17% have a college credential. Public transit is commonly used by local commuters, alongside driving.
School Information
- Duke of Connaught Junior and Senior Public School (Grade:JK-8) 893/3037
- Riverdale Collegiate Institute (Grade:9-12) 111/739
- St. Joseph Catholic School (Grade:JK-8) 1936/3037
- Duke of Connaught Junior and Senior Public School (Grade:JK-8) 893/3037
- Bowmore Road Junior and Senior Public School (Grade:JK-8) 1195/3037
