ON > Toronto E03
Toronto E03, ON M4C 4Z2,156 Barrington AVE
See all 17 photos
Toronto E03, ON M4C 4Z2,156 Barrington AVE
Toronto E03, ON M4C 4Z2,156 Barrington AVE
Toronto E03, ON M4C 4Z2,156 Barrington AVE
Toronto E03, ON M4C 4Z2,156 Barrington AVE
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Mon
16
Dec
Tue
17
Dec
Wed
18
Dec
Jeff Somlo

Jeff Somlo

+1(647) 998-3693
$ 5,399,888
Est. payment /mo
Save
Active

156 Barrington AVE Toronto E03, ON M4C 4Z2

12,240 SqFt

UPDATED:

11/08/2024 02:35 PM

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 12,240 sqft

Price per Sqft $441

MLS Listing ID E10413083

Annual Tax Amount $17,853

Tax Year 2024

Property Description

This exclusive 12-unit apartment building in Torontos East End offers a high-yield investment with a 2023 net operating income of $313,042 and a 5.8% cap rate. With 1 bachelor unit and 11 two-bedroom units, this 3-storey walk-up features intercom access, coin-operated laundry, and 8 rentable parking spaces, all designed to maximize income potential. Strategically upgraded, the property includes renovated kitchens, bathrooms, fresh paint, modern flooring, and 100-amp panels in each unit. A new boiler (2021) and 13 hydro meters add efficiency, making it an attractive choice for tenants and owners. Located near Danforth Village, Main Street Subway, and Danforth GO, the building is ideally situated for commuters, providing easy access to downtown Toronto and nearby amenities like parks, schools, and Greektowns vibrant community. High demand and rising rental rates make this area highly sought-after with low vacancy rates. With limited new construction, this property stands out as a turnkey investment with strong cash flow in a growing market.

Location

Province ON

County Toronto

Community Crescent Town

Area Toronto

Region Crescent Town

City Region Crescent Town

Interior

Cooling No

Exterior

Garage Spaces 7.0

Community Features Public Transit, Subways

Utilities Available Available

Listed by RE/MAX GOLD REALTY INC.
Filters Reset
Kitchens
Price
Reset

Days On Site
Advanced
Less Than
Days
Bedroom Plus
Beds
Baths
Unit Level

Monthly HOA Fee
Exterior Stories
Num of Units
Acres
Unit Floor Number
Main Level Bedrooms
Num Of Pets
Maintenance
Lot Front
Keyword
Price per Sqft
Tax Amount
Stories
Full Bathrooms
Half Bathrooms
Condo Fee
Lot Depth
Year Built
Maintenance Fee
Assessed Value

Fireplace Number

Carport Spaces
Parking Space
Garage Space

Price Reduced
Virtual Tour
3D Tour
Has Picture
New
Hot
Open House
Save Search
93K Properties

10,000+ Properties Available

Connect with us.

Jeff Somlo

Broker

+1(647) 998-3693

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

Go tour this home

156 Barrington AVE