557 Markham St, Toronto

557 Markham St, Palmerston-Little Italy, Toronto M6G2L6

2 1/2 Storey, Multiplex Property
14 + 5 Rooms Total, 5 + 1 Kitchens
2 Parking Spaces

22.00 x 125.00

Fenced Yard, Place Of Worship, Public Transit, School
Apartment, Fin W/O Basement
Brick, Other Exterior

Discover A Rare And Practical Investment In A Premium Downtown Toronto Location. This Grand Residence At Bloor & Bathurst Offers Six Self-Contained Rental Units, Ideal For Any Portfolio. It Includes Five Functional 1-Bedroom Units And A Spacious 2-Level, 2-Bedroom Suite, Appealing To Tenants Seeking The Charm Of A House Over A Condo's Congestion. With No Elevator Waits Or Crowded Areas, It Offers Serene Living In A Historic Neighborhood. Thoughtful Updates Include Fire Safety Improvements, Ensuring Peace Of Mind For Landlords And Tenants. Four Of Six Units Are Occupied, And This Property Can Generate A Projected Revenue Of $12,580/Mo Or $151K/Year When Fully Leased.. Unlike Condos Flooding The Market, Apartments In Character Homes Like This Are Rare And Desirable, Offering Unique Charm, Privacy, And Location Advantages. Minutes Walk To Bloor Street, Bathurst Subway, U Of T, Mirvish Village, Parks, Cafes, And Dining, The Unbeatable Location Ensures Univeral Demand And Interest. Five Units Enjoy Private Outdoor Spaces, And Two Feature In-Unit Laundry. A Two-Car Garage With Laneway Access Adds Convenience, While A Laneway Suite Study Offers Future Development Potential. This Turnkey Property Is A Low-Maintenance, High-Demand Investment In A Historic Home, Perfectly Positioned In One Of Torontos Most Sought-After Neighborhoods. Apartments In Homes Like This Are Timeless Assets That Grow In Value. Dont Miss This Rare Opportunity To Secure A Solid Investment In The Heart Of The City.

Strength In Numbers: 555 & 565 Markham St. Are Also For Sale (Mls). Maximize Your Economies Of Scale, Or Dream Bigger And Assemble 3 Flagship Properties In Enviable Location. Located On A Low-Traffic, Tree-Lined, One-Way Street.

Pt Lt 7-8 Pl 636 City West As In Ct841347; City Of Toronto

4-piece on main level
4-piece on 2nd level
4-piece on 3rd level
4-piece on bsmt level

Main Level, 4.57m x 4.01m
Hardwood Floor, Combined W/Kitchen, Bay Window

Main Level, 4.11m x 5.21m
Hardwood Floor, Fireplace, French Doors

Main Level, 2.13m x 2.49m
Tile Floor, Open Concept

Main Level, 5.44m x 3.05m
Laminate, Combined W/Kitchen, L-Shaped Room

Main Level, 4.98m x 3.40m
Laminate, Closet, W/O To Yard

Main Level, 3.71m x 2.13m
Combined W/Living, Laminate

2nd Level, 4.37m x 3.99m
Hardwood Floor, Combined W/Kitchen, W/O To Balcony

2nd Level, 4.83m x 4.22m
Hardwood Floor, Closet

2nd Level, 2.90m x 2.34m

2nd Level, 2.44m x 3.05m
Laminate, Combined W/Kitchen, W/O To Deck

2nd Level, 2.44m x 3.56m
Laminate, Closet, O/Looks Backyard

3rd Level, 3.35m x 4.06m
Combined W/Kitchen, Hardwood Floor, W/O To Deck