557 Markham St
Palmerston-Little Italy, Toronto
$2,999,000
Buy with Dwelly and Save $29,990
Home Details
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Listing Description
Turnkey investment in the heart of Little Italy! This grand semi-detached home at Bloor & Bathurst offers 6 self-contained rental units (5 occupied) a perfect portfolio addition. The property features 5 one-bedroom units and a spacious 2-level, 2-bedroom suite, and many updates throughout the property. Solid & sympatico tenants provide peace of mind to this investment opportunity. Unbeatable location: steps to Bloor St, Bathurst Subway, U of T, and directly across from the redeveloped and new Mirvish Village. Enjoy nearby shopping, parks, cafes, and dining. Five units enjoy outdoor spaces, two include in-unit laundry, and there's a 2-car garage with laneway access plus a laneway suite study offering exciting development potential. Monthly revenue is approx. $10,320/mo, and once fully occupied projected monthly revenue of $12,580/mo is expected once the recently renovated unit is leased. Investment opportunity not to be missed.
Strength in numbers: 555 & 565 Markham St. are also for sale (MLS). Maximize your economies of scale, or dream bigger and assemble 3 flagship properties in enviable location. Located on a Low-Traffic, Tree-lined, One-way Street.
City: Toronto
Neighborhood: Palmerston-Little Italy
Property History
Rooms
Room dimensions for 557 Markham St, Toronto
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 557 Markham St is 15599
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $2999000 |
| Down Payment | $599800 |
| Mortgage Insurance | $0 |
| Total Mortgage | $2399200 |
Monthly Payment
| Mortgage Payment | $14784 |
| Property Taxes | $814 |
| Maintenance Fees | $0 |
| Monthly Payment | $15599 |
About 557 Markham St, Toronto
Located at 557 Markham St , this Toronto house is available for sale. This property was listed for $2,999,000 on Fri Nov 22 2024. This house's size is 22.00 x 125.00 Feet. It has 5 bedrooms and 6 bathrooms. The property includes the following rooms: Living, Br, Kitchen, Living, Br, Kitchen, Living, Br, Kitchen, Living, Br, Living. This property comes with 2 parking spots. 557 Markham St, Toronto is situated in the Palmerston-Little Italy neighbourhood.
MLS#: C10454156 · $2,999,000 · 5 bedroom house in Palmerston-Little Italy, Toronto