Pembroke Street

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Listing Description

Prime investment opportunity, or perfect live/rent, on iconic Pembroke Street in Toronto's coveted Garden District. Impressive secured rent generating over $120,000 in annual income and operating at an impressive 5.2% cap rate. Showcasing stunning turn-of-the-century architecture on a substainial lot with 21.5-ft-width and private front courtyard, this extensively renovated three-unit property delivers an exceptional investment profile. Thoughtfully upgraded throughout, including all major mechanical systems offering individually controlled split-unit HVAC and multiple meters. 46 Pembroke St offers immediate income and compelling long-term potential. The stunning owner's suite will be vacant on closing, providing added flexibility to occupy one unit while benefiting from established rental income. Or, accommodate multigenerational ownership and capitalize on future rental potential. Secured tenancies provide a strong existing income foundation. Private rear parking for two vehicles, a rare downtown amenity, and the flexibility of a well-maintained, income-producing asset in an established rental market. Ideally located steps to TTC routes and streetcars, minutes to subway stations, multiple schools and poised to benefit from the future Ontario Line and enhanced transit connectivity. A rare opportunity to acquire a substantially upgraded, multi-unit investment combining strong income, exceptional flexibility and long-term appreciation potential in one of Toronto's most resilient rental markets. This one checks all the boxes! Don't miss out