Rare investment opportunity, 5% Cap Rate, with further value add opportunity available. 206 Carlton St. is a 3 storey, 3,841 SF student house in downtown Toronto. The building has 20 units, all fully occupied, with 4 more additional units being added. Upgraded cosmetic renovation complete in 2021 along with new appliances & HVAC. 206 Carlton St. has excellent exposure to nearby city transit with bus stops right outside the front door and the nearest subway entrance is within walking distance. (id:50886)
BusinessType | Residential |
BusinessSubType | Apartments |
MLS® Number | C9345098 |
Property Type | Multi-family |
Community Name | Cabbagetown-South St. James Town |
AmenitiesNearBy | Public Transit |
ParkingSpaceTotal | 2 |
CoolingType | Fully Air Conditioned |
HeatingFuel | Natural Gas |
HeatingType | Forced Air |
SizeInterior | 3840 Sqft |
Type | Multi-family |
UtilityWater | Municipal Water |
Acreage | No |
LandAmenities | Public Transit |
Sewer | Sanitary Sewer |
SizeDepth | 120 Ft |
SizeFrontage | 25 Ft |
SizeIrregular | 25 X 120 Ft |
SizeTotalText | 25 X 120 Ft |
ZoningDescription | Cr1.5 |
Contact us for more information
Andrew Kerr
Broker