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Apartment Building For Sale at 13 CRUIKSHANK AVE in Toronto, Ontario

New
4 Sale ID #229701
Updated 05 May 2024

Asking Price

$1,999,900

Cap Rate help The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.

N/A

Lot Size

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Building Size

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Premise Summary

Unique Playter Estates-Danforth Legal Triplex on 20' wide lot with a rare, private driveway and 3-bay/2-car garage! Great investment opportunity! Move-in ready vacant 1st & 2nd flr units. Buy as an investment or live in while the other units pay your mortgage. Make it your multi-generational family home or one grand, luxurious manor! Well-maintained, stately 2 1/2 storey dwelling (2580sf, incl basement) with a rare 185sf rooftop terrace (beautiful treetop setting w/views of CN Tower). Home office w/ a Juliette balcony o/1 street **Coveted Jackman School District** 5 min walk to Pape Station**. Move-in ready: vacant 1st & 2nd flr units. Basement Tenant (month-to-month). Suite Mix - Apt A: 1 bed/1 bath (main flr), Apt B: 2+2 Bed/1 (2nd/3rd flrs), Apt C: 1 bed/1 bath (basement). 4 separate hydro meters/breaker panels. Shared Laundry rm. Interconnected wired sensor alarms in each unit (fire/carbon monoxide). 1"" copper water supply line. Ext/Interior re-painted 2021/2022. Furnace '13. Shingled roof '09. Insulated Garage drs '21. *Home inspections available* **** EXTRAS **** Fantastic location: walk to Greektown eateries, patios, shops, grocery, Starbucks, schools (Jackman, Riverdale), parks/trails, subway/TTC & more! Short drive to Downtown, beaches (id:39198)

  • MLS® : #E8261944
  • Date Listed : 22 Apr 2024

Location

Province

Ontario

City

Toronto

Address

13 Cruikshank Ave

Postal Code

M4K1S6

Location Highlights

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Listed by

RE/MAX PROFESSIONALS INC. Ontario listing

Category

apartment-buildings

Property Information

Premise Status

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With Accommodation

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Tenancy

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Lot Size

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Available Space

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Building Size

1,873

Year Built

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Years Remaining in Current Lease Term

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Renewal Options

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Operational Information

Number of Working Owners

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Current Owner - years

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FF & E help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

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Financial Information

Yearly Rate

$1,999,900

Asking Price

$1,999,900

Cap Rate help The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.

N/A

NOI help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

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Gross Revenue- annual

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Cash Flow - annual help 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)

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EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

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Premises Size (square feet)

1,873

Other Information

Owner willing to Finance

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Absentee Owner

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Support and Training

Not Included

Growth and Expansion

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Market Competition

N/A


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