Property Details

FOR SALE

$1,499,999

FULLY RENTED post renovation with professional manager in place. Fantastically renovated 1960 11 suite apartment at Mountain + Powers must be seen. This building has undergone a major rehabilitation by a local, long time executive home builder and the RTB has Ordered a new max rent schedule as of February 1 2024. City permits and fire safety have signed off on the work done here. Paid rents are mostly $1,100-$1,250/m and electric bboard heat is metered to the tenants. Building energy efficiency has been greatly enhanced with attic insulation, spray foam in suites and windows including the stairwells. The poured concrete basement sits on 50 piles and the exterior walls are of concrete block covered with a face brick. All new appliances. Easy to see. Members-only remarks Must see this renovated apartment. FULLY RENTED post renovation with professional manager in place. Easy to see.

Features

• Price Per SF: $149.12
• Commission: 4%: 2% to cooperating
• Primary Use: Multi-Family
• 6 units: 2 Bed/1 Bath
• 5 units: 1 Bed/1 Bath
• Occupancy Type: Multi-tenant
• Number of Buildings, Floors: 1, 3

Location