Toronto Listings
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- W13165340
- Bus Major:
- Apts - 13 To 20 Units
- Photos (50)
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Prime Turnkey Investment Property With 18 Legal Self-Contained Apartments In A Well Maintained And Upgraded Converted Building. 15 Bachelors, 2 Two Bedrooms And 1 Large Open Concept Unit, Wide 40' X 145' Lot With A Private Drive And 2 Large Parking Spaces. Many Below Market Rents With Upside In A Rapidly Improving Neighbourhood Between Queen West And Roncesvalles. Well Managed And In Great Repair, Clean And Easy To Manage With A Great Mix Of Young Professional And Mature Tenants. 3 Large Rear Units Newly Constructed. Rent Roll And Expenses, Floor Plans, Building Permits And Survey Attached.
- Property Type:
- Commercial
- Property Sub Type:
- Investment
- Freestanding:
- Yes
- Total Area:
- 5800 sq. ft. Square Feet
- Total Area:
- 5,800 sq. ft.
- Lot Depth:
- 145'
- Lot Frontage:
- 40'
- Water supply:
- Municipal
- Zoning:
- R (d1.0) (x318)
- Heating type:
- Baseboard
- Garage:
- None
- Parking Spaces:
- 2
- Possession Details:
- TBA
- HST Applicable To Sale Price:
- Not Subject to HST
- Type Taxes:
- Annual
- Taxes:
- $13,879.82 / 2025
- Assessment:
- $- / -
- Toronto
- Toronto W01
- South Parkdale
- Major Highway, Public Transit
- 18 Fridges, 18 Stoves, 3 Washers, 3 Dryers, Coin Operated Washer, Coin Operated Dryer, 2 Gas Water Heaters.
- Utilities:
- Yes
- Energy Certification:
- No
- Green Property Information Statement:
- No
- Air Conditioning:
- No
- Seller Property Info Statement:
- No
- Physically Handicapped-Equipped:
- No
- Financial Statements:
- Yes
- Gross income:
- $283,913.52
- Net Income Before Debt:
- $231,975.63
- Expenses Actual/Estimated:
- Estimated
- Hydro Expenses:
- $17,950.15
- Insurance Expenses:
- $7,747
- Tax Expenses:
- $13,879.82
- Other Expenses:
- $3,910.47
- Water Expenses:
- $8,450.45
- Year Expenses:
- 51938
- Business/Building Name:
- Karluna Apartments Ltd.
- Major Business Type:
- Apts - 13 To 20 Units
- Category:
- Apartment
- Franchise:
- No
- Chattels:
- No
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Listed by ROYAL LEPAGE SUPREME REALTY
Data was last updated May 23, 2026 at 06:15 PM (UTC)
- GRACE CABRAL
- REAL BROKER
- 1 (416) 2782809
- Contact by Email
Real Broker Ontario Ltd.
Location
130 King St. W., Unit 1800
Toronto, ON, M5X 1E3