<< Please see virtual tour>> Attention all investors and landlords. Completely renovated freehold Victorian townhome. This 3 unit townhome featuring A total of 6 spacious bedrooms, 3 modern kitchens and 6 bathrooms. Over 2200 sf of living space, 10 ft ceilings on the main floor, a large third-floor deck, and a stunning private backyard retreat with a shed. Main floor is a large 1 bedroom 1 washroom unit. 2nd and 3rd floor unit has 4 bedrooms and 4 ensuite's. Basement is a separate entrance 1 bedroom. Nestled in a heart of downtown next to a few big high rise condos. This property has the potential to be purchased by future developers. Also comes with one parking spaces that are currently rented by Spot Hero. Conveniently located just steps from Toronto Metropolitan University (formerly Ryerson), and within walking distance to U of T, hospitals, shopping, dining, the entertainment district, and public transit. Consistently fully rented. This investment property is a positive cashflow gem! Priced to sell come get it before it's gone! **EXTRAS** 3 Fridge, 3 Stoves, 3 Hood, 2 Washer & Dryer, Existing Window Coverings, Alf, Upgraded - Electrical Wiring, Central A/C/Furnace, HWT, Windows. Approx. 119K In Gross Income - 5.72% Cap Rate! Must assume tenants in leases w/ good market rent!
Address
120 Mcgill Street
List Price
$2,390,000
Property Type
Residential Freehold
Type of Dwelling
Att/Row/Townhouse
Style of Home
3-Storey
Area
Toronto C08
Sub-Area
Church-Yonge Corridor
County
Toronto
Bedrooms
5 + 1
Bathrooms
6
Floor Area
1500 - 2000 Sq. Ft.
Lot Size Source
Other
Lot Depth
80
Lot Size Range (Acres)
< .50
Lot Size Units
Feet
Lot Width
20.67
MLS® Number
C11944550
Listing Brokerage
EXP REALTY
Basement Area
Finished, Separate Entrance
Postal Code
M5B 1H6
Parking
Private
Parking Places (Total)
1
Tax Amount
$6,240.85
Tax Year
2024
Interior Features
Other
Property Features
Fenced Yard, Hospital, Park, Public Transit, Rec./Commun.Centre, School
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick
Direction Faces
North
Foundation Details
Other
Garage Type
None
Kitchens Total
3
Pool Features
None
Roof
Other
Sewer
Sewer
