93 Spadina Road, Toronto, ON M5R 2T1

About this home

Turnkey 16-unit residential investment in the heart of the Annex, offered as two buildings on one lot: 14 studios in the main building plus a coach house with two one-bedroom units. Gross revenue of approx. $268,000 with a projected NOI of $195,000. Private drive with three parking spots located literally one door over from the entrance to the Spadina TTC Subway Station and a 12-min walk to University of Toronto St. George campus. Meticulously maintained under long-term ownership. This is an investors' dream property. Tenant demand in this pocket is deep enough that vacancies typically draw multiple qualified applications. Rare opportunity in Toronto's most resilient neighborhood.

Key facts

Property type

Multiplex

Parking

3

MLS®

C13753714

Basement

Apartment

Lot size

32 × 130

Taxes

$12,722/yr