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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,999,000
Cap Rate
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.
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Lot Size
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Building Size
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Premise Summary
Welcome to 16 Rosemount Avenue, a rare turnkey investment opportunity in Toronto's coveted Regal Heights/Wychwood neighbourhood. This stunning Edwardian fourplex was professionally rebuilt to the studs and fully legalized, offering luxury living with the ease of low-maintenance ownership. With impressive street presence and timeless design, this rebuild completed in 2023, showcases exceptional craftsmanship and long-term durability. The property features 4 self-contained suites and 5 hydro meters, delivering efficiency and strong rental appeal. The Main Floor is Vacant and an ideal Owner's Suite. Each suite is thoughtfully appointed with modern conveniences, including ensuite laundry, dishwashers, and built-in microwaves. High-end finishes elevate every space-hardwood floors, quartz countertops, marble tile, and custom kitchens-while comfort is ensured through in-floor hydronic heating and central air conditioning. Outdoor living is a highlight here: the second and third floors offer huge terrace walkouts, while the main-level suite enjoys a deck with direct yard access, enhancing lifestyle value and tenant satisfaction. Perfectly situated steps from St. Clair West, Wychwood Barns, Hillcrest Park, trendy Geary Ave and top-rated schools, this property delivers the ideal blend of urban convenience and community charm. Proximity to TTC transit, shops, restaurants, and cafes ensures consistent tenant demand and strong rental performance. With excellent income production, modern systems throughout, and executive-level finishes, 16 Rosemount stands out as a best-in-class multiplex-ideal for investors or those seeking a premium live/rent opportunity in one of Toronto's most sought-after pockets. Smart design. Prime location. Solid returns. This is the one you've been waiting for! (id:39198)
Location
Province
Ontario
City
Toronto
Address
Rosemount
Postal Code
M6H2M1
Location Highlights
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Listed by
ROYAL LEPAGE CONNECT REALTY Ontario listing
Category
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
3,180
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
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
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
$2,999,000
Asking Price
$2,999,000
Cap Rate
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.
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NOI
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
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
Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
3,180
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
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