123 Seaton Street, Toronto, ON M5A 2T2

$1,439,000
: 5
BD
: 4
BA
: 2,000
SqFt

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List Price: $1,439,000
MLS#: C13786228
Status: ACTIVE
Type: Multifamily
SubType: Duplex
Style: 3-Storey
Bedrooms: 5
Bathrooms: 4
Living Area: 2000-2500
Province: ON
Municipality: Toronto
Area: Toronto
Neighborhood: Moss Park
Subdivision: Dundas/Seaton

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Property Description

Welcome To 123 Seaton St! An Exceptional Turn Key Investment Opportunity In The Heart Of Cabbagetown, This Fully Tenanted And Extensively Renovated 3 Unit Property Generates Over $99,996 In Gross Annual Rental Income And Delivers An Impressive 5.8% Cap Rate. With Major Capital Work Completed, Separate Hydro Meters And Quality Tenants In Place, This Is A Rare Opportunity Offering Both Immediate Cash Flow And Long-Term Appreciation Potential. Set On A Charming, Tree Lined One-Way Street, The Property Features Exposed Brick, Hardwood Floors, Quartz Countertops, Stainless Steel Appliances And Ensuite Laundry In Every Unit. The Spacious Upper 3 Bedroom, 2 Bath Suite Offers Two Private Decks, Skylights, An Open-Concept Layout And Feature Fireplace, While The Main Floor And Basement 1 Bedroom Units Each Offer Private Outdoor Space. A Classic Brick Facade, Covered Porch, Front Garden And Rear Laneway Parking For Two Cars Complete The Package. Cabbagetown Is Benefiting From Substantial New Investment, Including The Future Ontario Line And Significant Residential Development Nearby. Steps From Cafes, Transit And Parks, This Is An Exceptional Opportunity To Acquire A High Demand Cabbagetown Income Property With Strong Fundamentals, Built In Value And Compelling Future Upside.

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Additional Information

Taxes: $6,417
Heat Type: Radiant
Heat Source: Gas
Air Conditioning: Wall Unit(s)
Rooms: 12
Kitchens: 3
Exterior: Brick
Garage Type: None
Pool: None
Parking Spaces: 2
Parking Type: Lane