Turnkey 16-unit residential investment in the heart of the Annex, offered as two buildings on one lot: 14 studios in the main building plus a coach house with two one-bedroom units. Gross revenue of $268,906 with a projected NOI of $198,397. Private drive with three parking spots located literally one door over from the entrance to the Spadina TTC Subway Station and a 12-min walk to University of Toronto St. George campus. Meticulously maintained under long-term ownership. This is an investors' dream property. Tenant demand in this pocket is deep enough that vacancies typically draw multiple qualified applications. Rare opportunity in Toronto's most resilient neighborhood.
Property Type:
Residential Freehold
Property Sub Type:
Multiplex
Home Style:
3-Storey
Total Approx Floor Area:
5000 +
Lot Depth:
130'39.6 m
Lot Frontage:
32'9.75 m
Lot Details:
32.00 x 130.00 Feet
Direction Faces:
East
Bedrooms:
2
Bathrooms:
16.0
Water supply:
Municipal
Kitchens:
16
Kitchens in Basement:
8
Bedrooms Above Grade:
2
Kitchens Above Grade:
8
Rooms Above Grade:
18
Rooms:
0
Zoning:
R (D1*900)
Heating type:
Baseboard
Heating Fuel:
Electric
Cooling:
Yes
Foundation:
Brick
Roof:
Asphalt Shingle
Basement:
Apartment
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Spaces:
3
Total Parking Spaces:
3.0
Family Room:
No
Possession Details:
Immediate
Pool:
None
HST Applicable To Sale Price:
Not Subject to HST
Taxes:
$12,722.02 /
2026
Assessment:
$- /
-
Toronto
Toronto C02
Annex
Central Vacuum, Intercom
Hot Water Tank
1 Coin-Operated Washer & Dryer (proven secondary income stream); 4 Full-Sized Fridges & 12 Undercounter Fridges; 1 Stove, 2 Cooktops, 1 Oven& 13 Hot Plates; 1 Central Vacuum System; 11 Window A/C Units; 3 Security Cameras & Digital Monitoring Equipment. All existing ElectricalLight Fixtures (ELF) & Window Coverings not owned by tenants.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.