This historic looking three storey walk up licensed building is a rare investment property in the heart of the city of Toronto with 15 bachelor/jnr 1bdrm suites. Nestled in what has now become one of the most in demand communities in Toronto, this boutique, non –smoking rental building has become very popular with urban single professional millennials.

Situated on the Bloor-Danforth subway Line and close to nearby amenities this property earned a walk score of 95 out of 100 classifying it as a “Walker’s Paradise” where no car is needed and making it very desirable for the trendy urbanite, hence the strong rental rates per square ft.

  • Well located with a 5 minute walk to Danforth shops/subway or a 10min walk to Go Train equates to high demand by quality renters.
  • Great tenant profile of young professionals at primarily market rents who pay rent early/on time consistently 100% guaranteed.
  • Easy to rent and manage due to location and suite size. Ideal for small or seasoned investor to self manage or minimize property management costs. 
  • Reduced taxes due to municipal licensing creates superior NOI returns on annual revenues over $190k
  • Benefit from future planned development and or land assembly along the Danforth corridor.

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