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There are 4 two-bedroom units and 2 one-bedroom units, four private parking spots in the rear laneway, plus ample 24/7/365 street parking right in front of the building. This 4800 square foot building is a perfect BRRR candidate for a savvy investor, as a few of the units are ready for updating, and at least three units will come vacant. All six units are separately metered for hydro, gas boiler replaced in 2022, a coin-operated laundry, and small storage units in the basement. The location is fantastic, just steps to downtown and all of its amenities. Contact us for a summary of the financials." +"BuildingAreaUnits": "Square Feet" +"BusinessType": array:1 [ 0 => "Apts - 6 To 12 Units" ] +"CityRegion": "Downtown" +"CoListOfficeName": "e Xp Realty" +"CoListOfficePhone": "866-530-7737" +"CommunityFeatures": "Public Transit" +"Cooling": "No" +"Country": "CA" +"CountyOrParish": "Wellington" +"CreationDate": "2025-02-28T20:02:29.994719+00:00" +"CrossStreet": "Dublin St N / Paisley St" +"Directions": "Dublin St N to Cambridge St" +"Exclusions": "Tenants belongings." +"ExpirationDate": "2025-05-30" +"Inclusions": "6 Fridges, 6 Stoves, 6 Water Heaters, 1 Washer & 1 Dryer" +"RFTransactionType": "For Sale" +"InternetEntireListingDisplayYN": true +"ListAOR": "One Point Association of REALTORS" +"ListingContractDate": "2025-02-27" +"LotSizeSource": "MPAC" +"MainOfficeKey": "562100" +"MajorChangeTimestamp": "2025-05-23T14:20:15Z" +"MlsStatus": "New" +"OccupantType": "Tenant" +"OriginalEntryTimestamp": "2025-02-28T16:22:59Z" +"OriginalListPrice": 1150000.0 +"OriginatingSystemID": "A00001796" +"OriginatingSystemKey": "Draft2007304" +"ParcelNumber": "712880093" +"PhotosChangeTimestamp": "2025-05-12T14:30:24Z" +"PreviousListPrice": 1150000.0 +"PriceChangeTimestamp": "2025-03-18T14:32:46Z" +"ShowingRequirements": array:1 [ 0 => "Showing System" ] +"SourceSystemID": "A00001796" +"SourceSystemName": "Toronto Regional Real Estate Board" +"StateOrProvince": "ON" +"StreetName": "Cambridge" +"StreetNumber": "9" +"StreetSuffix": "Street" +"TaxAnnualAmount": "10029.0" +"TaxLegalDescription": "PT LOT 581, PLAN 8 , AS IN ROS152987 ; T/W INTEREST, IF ANY, IN ROS152987 ; GUELPH ;" +"TaxYear": "2024" +"TransactionBrokerCompensation": "2% plus HST" +"TransactionType": "For Sale" +"Utilities": "Yes" +"VirtualTourURLBranded": "https://youriguide.com/9_cambridge_st_guelph_on/" +"VirtualTourURLUnbranded": "https://unbranded.youriguide.com/9_cambridge_st_guelph_on/" +"Zoning": "RL.4" +"DDFYN": true +"Water": "Municipal" +"LotType": "Lot" +"TaxType": "Annual" +"HeatType": "Radiant" +"LotDepth": 95.0 +"LotWidth": 34.0 +"@odata.id": "https://api.realtyfeed.com/reso/odata/Property('X11993263')" +"GarageType": "Lane" +"RollNumber": "230805000400700" +"PropertyUse": "Apartment" +"HoldoverDays": 90 +"ListPriceUnit": "For Sale" +"ParkingSpaces": 4 +"provider_name": "TRREB" +"ApproximateAge": "100+" +"ContractStatus": "Available" +"FreestandingYN": true +"HSTApplication": array:1 [ 0 => "Included In" ] +"PossessionType": "Flexible" +"PriorMlsStatus": "Sold Conditional" +"LotSizeAreaUnits": "Square Feet" +"PossessionDetails": "To be arranged" +"ShowingAppointments": "Please book through Broker Bay. 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Description
This property comprises 3 separate units: A large VACANT 4 bedroom unit on 2nd & 3rd floors w/deck, a VACANT 2 bedroom basement unit, and a 2 bedroom unit on the main floor leased at $3,200/mo plus utilities til Dec 2024. The layout is ideal for many Buyers: Investors looking for a turnkey property with an w/estimated income of $120K per annum, or for those looking for a beautiful, well maintained detached home w supplemental income of over $5,200/mo to pay the expenses/mortgage costs, or the property can be easily converted back to a single family home. An oversized 2 car garage w/lane access in the rear completes this amazing opportunity.
Details
MLS® Number
C9344849
C9344849
Property Size
3490 Sqft
3490 Sqft
Additional details
- Utilities: Yes
- Cooling: Partial
- County: Toronto
- Property Type: Commercial Sale
Address
- Address 282 Ossington Avenue
- City Toronto
- State/county ON
- Zip/Postal Code M6J 3A3