105 - 412 Jarvis Street, Toronto (church-yonge Corridor), Ontario
For Sale17 hours
CA$385,000
1 Bedrooms
1 Bathrooms
0 Parking Spaces
1 Kitchen
500 - 599 sqft
Property Details
Days on guglu
17 hours
MLS®
C13027858
Type
Single Family
Year Built
Unavailable
Ownership
Condominium/Strata
Lot size
Unavailable
Description
Turnkey, self-sustaining investment opportunity in downtown Toronto, generating approximately break-even to slightly positive cash flow at current rent of $1,900-$1,950/month, with tenant responsible for heat and hydro. Estimated cap rate of ~4.2%(above average for comparable downtown condo investments) combined with low monthly maintenance fees of $343 makes this an efficient, low-maintenance asset with minimal out-of-pocket exposure. Tenant-paid utilities further enhance netoperating efficiency. Located in a proven high-demand rental pocket, units in this building rent quickly when available-helping minimize vacancy risk and support consistent occupancy. Ideal for investors seeking a stable hold with limited ongoing management and reducedexposure to unexpected costs. Fully renovated in 2023, the suite features new luxury vinyl flooring throughout, an updated kitchen with new countertops,backsplash, stainless steel appliances, and lighting, along with a modernized bathroom with new ceramics, vanity, and hardware. Full soundproofing throughout the entire unit, including ceiling replacement, provides exceptional privacy and durability- an uncommon feature that can help reduce tenant turnover. Situated in Windsor Lofts, an intimate 5-storey boutique building with only 30 units and limited turnover. Steps to transit, universities, hospitals, and the downtown core. Walk Score 95, Transit Score 92, Bike Score 98. A compelling opportunity to secure a low-entry, income-producing asset in one of Toronto's strongest rental corridors- also well-suited for end users seeking a fully renovated, low-maintenance downtown suite. (id:44040)
Building
Size:500 - 599 sqft
Parking Spaces:
0
Bedrooms:
1 | (1 Above Ground)
Bathrooms:
1
Basement:None
Flooring:Vinyl
Roof:-
Heating:
Natural gas, Other(Forced air, Not known)
Fireplace:-
Cooling:Central air conditioning
Utility Water:-
Foundation:-
Architecture:-
Construction Date:Invalid Date
Rooms
Foyer
Main level
Dimension: 2.2 m x 2.3 m
Living room
Main level
Dimension: 4.6 m x 3.1 m
Dining room
Main level
Dimension: 4.6 m x 3.1 m
Kitchen
Main level
Dimension: 3.5 m x 2.4 m
Primary Bedroom
Main level
Dimension: 3.4 m x 2.3 m
Bathroom
Main level
Dimension: 2.4 m x 1.5 m
Features
There are no features.
Amenities
There are no amenities.
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