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Located in the heart of the Greater Toronto Area, this 32-unit building offers a rare value-add opportunity for investors or developers. All units are currently in original condition, with each measuring approximately 280 sqft, making them ideal candidates for modern upgrades or reconfiguration.
With 12 units currently vacant, there's immediate potential to begin renovations and boost rental income. Even more exciting, the property may allow for the addition of a fourth floor above the existing 3-storey structure—unlocking future density and returns.
Additionally, the existing units can be converted into micro one-bedroom apartments, appealing to young professionals and students seeking affordable urban housing.
Pre-Construction, Resale, Commercial & Rental Properties
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