Multifamily

Nine Benlamond

Listing Price: $2,650,000

Cap Rate
2.21%
Number of Units
5
Occupancy
96.00%
Price/Unit
$530,000
Price/Gross SF
$588.89
Gross SF
4,500

Investment Overview

9 Benlamond ave, features a 5 self-contained units in a classic upper beaches century home. Situated on a 14,000 square foot lot in the rapidly developing Kingston Rd/Main street upper beaches corridor. The property presents the opportunity to add additional units to the lower level for additional holding income while you redevelop the spacious lot that backs onto a picturesque ravine. The upper beaches is home to dozens of new mid-rise and high-rise developments. The site is walking distance to the major Toronto east transit hubs including the Danforth GO station and the Main street Subway station along the Bloor East subway line.

Investment Highlights

  • 5 self-contained units with the options to add more in the lower level
  • large 14,000 sf lot, the potential for redevelopment
  • Close to major transit hubs (Danforth Go station, Main st Subway station)

Exclusively Listed By

Listing Price: $2,650,000

Cap Rate
2.21%
Number of Units
5
Occupancy
96.00%
Price/Unit
$530,000
Price/Gross SF
$588.89
Gross SF
4,500

Investment Highlights

  • 5 self-contained units with the options to add more in the lower level
  • large 14,000 sf lot, the potential for redevelopment
  • Close to major transit hubs (Danforth Go station, Main st Subway station)

Investment Overview

9 Benlamond ave, features a 5 self-contained units in a classic upper beaches century home. Situated on a 14,000 square foot lot in the rapidly developing Kingston Rd/Main street upper beaches corridor. The property presents the opportunity to add additional units to the lower level for additional holding income while you redevelop the spacious lot that backs onto a picturesque ravine. The upper beaches is home to dozens of new mid-rise and high-rise developments. The site is walking distance to the major Toronto east transit hubs including the Danforth GO station and the Main street Subway station along the Bloor East subway line.

Exclusively Listed By

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