557 Markham St
CA$2,988,000
Terminated • Thu Jan 01 1970
5
6
n/a
Multiplex
Details
Overview
Description
Discover a rare and practical investment in a premium downtown Toronto location. This grand residence at Bloor & Bathurst offers six self-contained rental units, ideal for any portfolio. It includes five functional 1-bedroom units and a spacious 2-level, 2-bedroom suite, appealing to tenants seeking the charm of a house over a condo's congestion. With no elevator waits or crowded areas, it offers serene living in a historic neighborhood. Thoughtful updates include fire safety improvements, ensuring peace of mind for landlords and tenants. Four of six units are occupied, and this property can generate a projected revenue of $12,580/mo or $151K/year when fully leased.. Unlike condos flooding the market, apartments in character homes like this are rare and desirable, offering unique charm, privacy, and location advantages. Minutes walk to Bloor Street, Bathurst subway, U of T, Mirvish Village, parks, cafes, and dining, the unbeatable location ensures univeral demand and interest. Five units enjoy private outdoor spaces, and two feature in-unit laundry. A two-car garage with laneway access adds convenience, while a laneway suite study offers future development potential. This turnkey property is a low-maintenance, high-demand investment in a historic home, perfectly positioned in one of Torontos most sought-after neighborhoods. Apartments in homes like this are timeless assets that grow in value. Dont miss this rare opportunity to secure a solid investment in the heart of the city.
Extras
Strength in numbers: 555 & 565 Markham St. are also for sale (MLS). Maximize your economies of scale, or dream bigger and assemble 3 flagship properties in enviable location. Located on a Low-Traffic, Tree-lined, One-way Street.
This multiplex home located at 557 Markham St, Toronto, ON M6G 2L6 is Inactive and has been available on Wedu.ca for 6 days. This property was listed at CA$3M. It has 5 beds, 6 bathrooms, and is N/A square feet. The property is N/A years old. 557 Markham St, Toronto, ON M6G 2L6 is in Toronto neighborhood Palmerston-Little Italy.
Fees
Inside
Building
Land
Parking
Metadata
Rooms
| Living | Main | 4.57 x 4.01 | Hardwood Floor, Combined W/Kitchen, Bay Window |
| Br | Main | 4.11 x 5.21 | Hardwood Floor, Fireplace, French Doors |
| Kitchen | Main | 2.13 x 2.49 | Tile Floor, Open Concept |
| Living | Main | 5.44 x 3.05 | Laminate, Combined W/Kitchen, L-Shaped Room |
| Br | Main | 4.98 x 3.4 | Laminate, Closet, W/O To Yard |
| Kitchen | Main | 3.71 x 2.13 | Combined W/Living, Laminate |
| Living | 2nd | 4.37 x 3.99 | Hardwood Floor, Combined W/Kitchen, W/O To Balcony |
| Br | 2nd | 4.83 x 4.22 | Hardwood Floor, Closet |
| Kitchen | 2nd | 2.9 x 2.34 | Closet |
| Living | 2nd | 2.44 x 3.05 | Laminate, Combined W/Kitchen, W/O To Deck |
| Br | 2nd | 2.44 x 3.56 | Laminate, Closet, O/Looks Backyard |
| Living | 3rd | 3.35 x 4.06 | Combined W/Kitchen, Hardwood Floor, W/O To Deck |