City of Toronto-Licensed Rooming House A very rare chance to own a City of Toronto-licensed rooming house with 14 rooms, 6 bathrooms, and 2 kitchens. Less than 15 minutes by transit to downtown Toronto, and close to all amenities including shopping, schools, hospitals, parks, and major transit routes. Each room offers privacy with shared kitchens and bathrooms for practical living. Strong income potential with a pro forma cap rate of approx. 5.8% if fully rented at $720 per room. Current income is lower due to vacancies. Price is firm. No vendor take back. For More Information About This Listing, More Photos & Appointments, Please Click "View Listing On Realtor Website" Button In The Realtor.Ca Browser Version Or 'Multimedia' Button or brochure On Mobile Device App. (id:38551)
Location
Green Hedge Realty Inc., Brokerage
Green Hedge Realty Inc., Brokerage is a full-service real estate brokerage offering traditional MLS® REALTOR® representation services at reduced commission rates.
Buyers receive approximately 1.5% cash back after closing, depending on what REALTOR® cooperating commission is offered by the seller. Sellers pay 1% one percent plus the commission they choose to offer to the co-operating REALTOR® representing the buyer.
More Information
Contact Us
©2025 Green Hedge Realty Inc., Brokerage. This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association. Trademarks Are Owned Or Controlled By The Canadian Real Estate Association (CREA) And Identify Real Estate Professionals Who Are Members Of CREA (REALTORS®) And/Or The Quality Of Services They Provide (MLS®)