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307 Pacific Ave

6 Unit Apartment Building $2,199,000 CAD ($366,500 CAD/Unit) 5.10% Cap Rate Toronto, ON M6P 2P8

Investment Highlights

  • Grand Victorian Multiplex on Pacific Avenue
  • Period Brick Facade, Inviting Porch
  • Fully Tenanted, High Income Property

Executive Summary

Grand 2.5 Storey Victorian Multiplex On Coveted Pacific Avenue, Circa 1888 Detached With Period Brick Facade, Inviting Front Porch, 6 Well Designed Suites, Stained Glass, Interior & Mechanical Renovation In 2006, Over 3,500Sq.Ft Finished On 4 Levels, Roof & 3rd Floor Deck Fall 2021, 6 Hydro Meters, 5 Gas Meters, Convenient Coin Op Laundry, Multiple Decks And Outdoor Space For Tenants, Property Fully Tenanted: $120K Gross Income, $15K Expenses, $105K Net Income. Low Maintenance 25' X 78' Lot; Tenants Manage Refuse & Snow, Short Stroll To The Junction And Bloor West Village Shopping And Entertainment, High Park, TTC.

Property Facts

Price $2,199,000 CAD
Price Per Unit $366,500 CAD
Sale Type Investment
Cap Rate 5.10%
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.04 AC
Building Size 3,500 SF
No. Stories 2
Year Built 1888

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 6 - -
Walk Score ®
Very Walkable (85)
Transit Score ®
Excellent Transit (80)
Bike Score ®
Very Bikeable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code R (Residential property with five self-contained units)
R (Residential property with five self-contained units)
  • Listing ID: 29704595

  • Date on Market: 2023-10-04

  • Last Updated:

  • Address: 307 Pacific Ave, Toronto, ON M6P 2P8

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