434 Parliament Street Image 1

$3,600,000

$3,900,000
7.7% dropped

Last price change Jul 20, 2024

Sep 18, 2023Commercial Retail For Sale
bedroomsbed
washrooms0bath
MLS - #C7010204

434 Parliament Street, Toronto C08, ON M5A 3A2

0
Similar Homes Found
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Average Price
360000000.0%
Higher than average

Price Comparison

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Property Description

Property type

Commercial Retail

Lot size

N/A

Style

Approx. Area

N/A

About 434 Parliament Street

2 commercial units & 7 residential units (3 bachelors, 3 two bedrooms, 1 three bedroom) two double garage. All residential units have own washer & dryer, fridge & stove. Have building permits to convert the three bedroom units to 1 bachelor and 1 two bedroom unit,. For 2022 Gross Rent about $205,000, Net about $116,000, Great Location, TTC, restaurants, banks, No frills Store etc. all within walking distance. Owner is the Listing Agent. Owner is considering retirement. Great opportunity for someone who has time to manage the property. Fronting on Parliament Street back on Catbird Lane, possible potential for Lane way addition. Buyer & buyer's agent to verify listing details and measurements. Can consider VTB at current rate with 30% down payment/ **EXTRAS** Existing Hot water boiler, existing 7 sets of fridge & stove, existing 6 set of washer & dryer, one of the commercial unit is currently vacant

Home Overview

Last updated

Mar 15

Virtual tour

None

Basement information

Building size

8000

Status

In-Active

Property sub type

Commercial Retail

Maintenance fee

$N/A

Year built

--

Listed by K C CHAN REALTY INC.

Additional Details

Basement:N/A
Cooling:No
Heating:Gas Hot Water
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$13749.56/ month
$2,880,000 Principal and Interest
$3,456,000 Property Taxes

Location

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Walk Score for 434 Parliament Street

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