360 BRONSON AV - CENTRETOWN 4PLEX MULTI

For Sale $899,000 - Multi-Family

7 Bedrooms 4 Bathrooms

Listing price: $899,000	Zoning: TM [2214]	Unit Breakdown: 1 x 1bedroom, 3 x 2bedroom
Bedrooms & Bathrooms: 9 BEDROOMS & 4 BATHROOMS	Style: DETACHED BRICK 4-PLEX	Garage/Parking: 4 PARKING SPACES AT BACK
Rents: $1850, $1250, $1150, $950 = $5,200/MONTH	Features: FRIDGE & STOVE IN EACH UNIT, 2 WASHER DRYERS, ROOFTOP PATIO	Lot Size: 35.89′ X 99.00 FEET

PROPERTY DETAILS:

INCOME:
UNIT 1
- 1 BEDROOM RENTED AT $1200/MONTH ALL INCLUSIVE
- BASEMENT UNIT – SEPARATE ENTRANCE
UNIT 2
- 2 BEDROOM RENTED AT $1100/MONTH ALL INCLUSIVE
- MAIN FLOOR
UNIT 3
- 1 BEDROOM RENTED AT $2050/MONTH ALL INCLUSIVE
- AIRBNB SHORT TERM RENTAL – APPROXIMATE
- 2ND FLOOR
UNIT 4
- 2 BEDROOM RENTED AT $1250/MONTH ALL INCLUSIVE
- TOP FLOOR
- ON LEASE UNTIL AUGUST 31, 2019
PARKING
- $225 / MONTH
TOTAL
- $5,550 / MONTH (APPROXIMATE)
- $66,600 / YEAR (APPROXIMATE)

EXPENSES:
- HYDRO – $5721 / 2018
- GAS – $1721 / 2018
- WATER – $ 2602 / 2018
- TAXES – $6486 / 2018

FEATURES:

ZONING IS TRADITIONAL MAIN : TM [2214]
- LINK TO ZONING DETAILS
ROOFTOP PATIO
SOLID BRICK EXTERIOR WITH STONE FOUNDATION
4 PARKING SPACES for additional income

INVESTORS ALERT!

Looking for an excellent property in a prime location in CENTRETOWN?! This one has HUGE POTENTIAL right on BRONSON AV in between SOMERSET & GLADSTONE. This area is red hot with development!

Golden opportunity to dramatically increase rents and cashflow by converting to AIRBNB short-term rentals. Contact Chris Steeves for more details on this. This building can pull in very high margins.

Short walk to new LRT STATION on Lyon St. Walk to Chinatown, Lebreton Flats, Sparks Street, and the business district! Unbeatable central location.

COMMERCIALLY ZONED for future development. 4 parking spots for additional income.