28 CECIL STREET, Toronto (Kensington-Chinatown), Ontario, M5T1N3

Property Description

A rare chance to own a prestigious corner freestanding, 3-storey building featuring six self-contained rental units. Ideally located in the centre of downtown. Only two-minute walk to the University of Toronto. Six apartment units. 25 bedrooms, 6 kitchens. 16 parking spots. Coin laundry system for tenants. 6,862 sq ft above grade. Full basement with an opportunity to add additional living space. Just steps from Chinatown, Kensington Market, OCAD University, and Entertainment District. Easy access to public transit and major hospitals. Enjoy unbeatable convenience with restaurants, grocery stores, and cafes just around the corner. A truly prime location offering consistent rental demand and long-term value. Perfect for strong and steady income. Fire code compliant building. Fire escape for each unit. Fire sprinklers in whole building. New owner can build one more 3-storey building at the back. Drawings are available. Zoning permits apartment building, townhouse, short-term rental, etc. (id:64974)

Quick Facts

• Property Type: Other
• Bedrooms: 25 (25 above)
• Bathrooms: 14 (3 half)
• Parking: 16 spaces (No Garage)
• Frontage: 64 ft (19.6 m)

Costs

• Annual Taxes: $24,161.00

Listing Provided by: RE/MAX REAL ESTATE CENTRE INC.
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.