258, 260, 262, 264 Bronson Avenue, West Centre Town, ON Image 1

$3,549,000

Investment For Sale
MLS - #X11980773
May 29- By RE/MAX HALLMARK REALTY GROUP

258, 260, 262, 264 Bronson Avenue, West Centre Town, ON K1R 6H8

Bed
Bath
7200 Sqft.
None Garage

Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

7200 Sqft

About 258, 260, 262, 264 Bronson Avenue

Excellent Income producing investment property with Great Development Potential = Zoned TM [2214] which allows 6-Storey Development with Multiple Use. Enjoy a good income producing investment (approx. 4.76 Cap Rate when fully rented) while planning your future development of your own perfect income property investment specific to your investment portfolio needs. Located in one of the main city corridors - walking distance to 2 LRT Stations, minutes from Downtown, Dows Lake & Little Italy. Duplex is undergoing Major Renovations (with permits) inside & out = one 3-bedroom unit & one large 2-bedroom plus Den unit each unit will include 2 full bathrooms, each having it's own furnace, laundry & hydro meter with the top unit rented for $2,800 and bottom unit presently owner occupied with an estimated rental income of $2,900 per month. Property features 15 parking spaces. Each of the 3 attached Townhomes have undergone major renovations & each Townhome includes 4-bedrooms, 2 full bathrooms, & In-Unit Laundry. When fully occupied Estimated Gross Income is $201,000.00 - Estimated Gross Expenses are $32,073.00 - Estimated Net Income before mortgage costs of $168,927.00.

Home Overview

Last updated

May 29

Virtual tour

None

Basement information

Building size

7200

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:N/A
Cooling:Partial
Heating:Gas Forced Air Open
Parking Features:N/A
0
Similar Homes Found
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Average Price
354900000.0%
Higher than average

Price Comparison

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Location

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Walk Score for 258, 260, 262, 264 Bronson Avenue

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$13554.78/ month

Some information about this property - Bronson Avenue

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