93 Spadina Road, Toronto, ON M5R 2T1

$3,999,900

Investment
MLS® C13753716

Listing Brokerage: RE/MAX ULTIMATE REALTY INC.

Description

Turnkey 16-unit residential investment in the heart of the Annex, offered as two buildings on one lot: 14 studios in the main building plus a coach house with two one-bedroom units. Gross revenue of approx $268,000 with a projected NOI of $195,000. Private drive with three parking spots located literally one door over from the entrance to the Spadina TTC Subway Station and a 12-min walk to University of Toronto St. George campus. Meticulously maintained under long-term ownership. This is an investors' dream property. Tenant demand in this pocket is deep enough that vacancies typically draw multiple qualified applications. Rare opportunity in Toronto's most resilient neighborhood.

Property details

MLS® number: C13753716
Transaction: For Sale
Property type: Commercial
Style / use: Investment
Community: Annex
City: Toronto C02
Building area: 6140 Square Feet
Lot width: 32 Feet
Lot depth: 130 Feet
Heating: Baseboard
Cooling: Yes
Garage: None
Taxes: $12,722.02
Tax year: 2026
Business type: Apts - 13 To 20 Units
Listing brokerage: RE/MAX ULTIMATE REALTY INC.

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