Realtyna\MlsOnTheFly\Components\CloudPost\SubComponents\RFClient\SDK\RF\Entities\RFProperty {#12725 +post_id: "226726" +post_author: 1 +"ListingKey": "X12036179" +"ListingId": "X12036179" +"PropertyType": "Residential" +"PropertySubType": "Multiplex" +"StandardStatus": "Active" +"ModificationTimestamp": "2025-05-23T02:35:20Z" +"RFModificationTimestamp": "2025-05-23T02:38:24.350246+00:00" +"ListPrice": 1550000.0 +"BathroomsTotalInteger": 6.0 +"BathroomsHalf": 0 +"BedroomsTotal": 6.0 +"LotSizeArea": 4497.0 +"LivingArea": 0 +"BuildingAreaTotal": 0 +"City": "Vanier And Kingsview Park" +"PostalCode": "K1L 7A9" +"UnparsedAddress": "340 Lacasse Avenue, Vanierand Kingsview Park, On K1l 7a9" +"Coordinates": array:2 [ 0 => -75.66667 1 => 45.43333 ] +"Latitude": 45.43333 +"Longitude": -75.66667 +"YearBuilt": 0 +"InternetAddressDisplayYN": true +"FeedTypes": "IDX" +"ListOfficeName": "ENGEL & VOLKERS OTTAWA" +"OriginatingSystemName": "TRREB" +"PublicRemarks": "LOOK AT THESE NUMBERS! Superb opportunity awaits the savvy investor searching for a renovated building with potential for stronger cash flow (present return 5.86% cap with GOI $113,892.00 and NOI $90,783.00). It has been extensively renovated, boasting a high level of security and very stable tenants. Over 500K invested: new 2 storey front + rear covered balcony structures, bldg security, lighting, cameras, intercom, washrooms, kitchens, laundry added to 5 units, new electrical panels, wiring, unit lighting, appliances, flooring, paint, mailboxes, insulation, roof (30K 2024), secure doors, windows, garage renos +. Quality 6 unit building w 5 x 100% updated suites, one unit has a legacy tenant paying below market rent, plus a quality larger garage structure that generates $850 in rental income (potential to easily transform garage to tenant storage lockers). One of the six one bedroom units has yet to be refreshed at a cost of approx 25K which would increase return of +$12,948.00 per year with a higher Net Income of approx $103,731/yr. This has a projected CAP rate 6.7% (buyer to verify). Easy to own & manage bldg! Min 24 hours notice for all showings please." +"ArchitecturalStyle": "2-Storey" +"Basement": array:2 [ 0 => "Apartment" 1 => "Partially Finished" ] +"CityRegion": "3404 - Vanier" +"ConstructionMaterials": array:1 [ 0 => "Brick" ] +"Cooling": "Wall Unit(s)" +"Country": "CA" +"CountyOrParish": "Ottawa" +"CreationDate": "2025-03-22T23:18:13.435359+00:00" +"CrossStreet": "From Mc Arthur, North on Lacasse just a two minute walk to shopping, food and services and transit" +"DirectionFaces": "West" +"Directions": "Mc Arthur Ave then North onto Lacasse Ave. Destination will be on the left." +"Exclusions": "Tenant possessions" +"ExpirationDate": "2025-07-31" +"FoundationDetails": array:1 [ 0 => "Concrete" ] +"GarageYN": true +"Inclusions": "All appliances" +"InteriorFeatures": "Water Heater Owned" +"RFTransactionType": "For Sale" +"InternetEntireListingDisplayYN": true +"ListAOR": "OREB" +"ListingContractDate": "2025-03-22" +"LotSizeSource": "MPAC" +"MainOfficeKey": "487800" 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Description
Premium Location. Investment opportunity in one of Toronto’s most prestigious and desirable neighborhoods. This licensed 18-unit rooming house (1 bachelor, 4 one-bedrooms, 13 rooms) sits steps from Yorkville, in highly coveted Annex. Direct access to the Bloor subway line, walking distance to the ROM, University of Toronto, Taddle Creek Park, and upscale shops and Mink Mile. Coin Operated Washers & Dryers Add Additional Income Each Month. Purchase As Income Property And Get Tremendous Uplift To Market Rents.
Details
MLS® Number
C12163111
C12163111
Bedrooms
18
18
Bathrooms
18
18
Additional details
- Roof: Slate
- Sewer: Sewer
- Cooling: None
- County: Toronto
- Property Type: Residential
- Pool: None
- Parking: None
- Architectural Style: 3-Storey
Address
- Address 104 Bedford Road
- City Toronto
- State/county ON
- Zip/Postal Code M5R 2K2
- Country CA