210, Vaughn, Humewood-Cedarvale, Toronto, Commercial

Description

Commercial Investment For Sale.

Apartment Investment Opportunity in the prime neighbourhood of Humewood-Cedarvale near Bathurst and St Clair! Very transit oriented with access to the St.Cair W subway, the Vaughn Road bus, the St Clair streetcar and a very walkable neighbourhood to various amenities including grocery, gym, restaurants and salons. The building with 27 units is almost 100% leased, comprised of mostly 1 bedroom units and has coin laundry on site. Offering solid cash flow with compelling rental upside, this is an opportunity to further enhance an existing income-producing asset and drive meaningful NOI growth by optimizing rents through strategic suite improvements upon turnover as well as streamlining operating expenses. For investors seeking a strategic acquisition with multiple levers to increase income and strengthen returns, this property presents an exciting opportunity to capitalize on the fundamentals of Toronto's rental market.

Cross Street: Vaughn Rd/ St.Clair