283 Augusta Ave Toronto, Ontario M5T 2M1
$2,250,000
Investment Opportunity In The Heart Of Kensington Market! Building Is Fully Tenanted. With Main Floor Retail Space, 2-Storey Residential Apartment On 2nd & 3rd Floor With A Beautiful Patio Featuring City Views. Lower Level Retail Space Has And Is With Storage.Very Well Maintained Building With A Completed Newer Roof. Significantly Under Market Rents With Renewals Approaching, Opportunity To Increase Cap Rate Over 5%. Current Cap Rates Sitting At Around 4%.**** EXTRAS **** Popular Neighbourhood With Excellent Pedestrian & Car Traffic, Variety Of Restaurants, Boutique Shopping, Cafes & More. Just Steps To Queens Park, U Of T St. George Campus, Ttc & Subway. Sq Ft Includes Rear Covered Addition/Balcony. (id:31565)
Property Details
| MLS® Number | C5959349 |
| Property Type | Retail |
| Community Name | Kensington-Chinatown |
| Amenities Near By | Public Transit |
Building
| Size Interior | 2696 Sqft |
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Size Irregular | 15.06 X 63.39 Ft |
| Size Total Text | 15.06 X 63.39 Ft |
https://www.realtor.ca/real-estate/25352615/283-augusta-ave-toronto-kensington-chinatown
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April 29 2023 06:16:37
Toronto Real Estate Board
Right At Home Realty
