721 Shaw St
Palmerston-Little Italy, Downtown Toronto, M6G 3L8
For Sale
22.33 BTC
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7
BEDROOMS3
BATHROOMS3
KITCHENS9 + 1
ROOMSC8072914
MLSIDContact Us
Property Description
Steps to Bloor, 721 Shaw is the perfect multi-family residential home to add to your growing portfolio or off-set your mortgage. The property currently boasts nearly $110k in gross annual income and a staggering 4.5% cap rate. The basement suite was renovated in 2020 and features 2-beds and a modern kitchen. The main floor suite includes 2-beds and a sun-drenched kitchen with views of the city skyline. The upper floor is the largest suite, spread over two floors with 3-beds and a sizeable family room. Proximity to Bloor and Ossington make this property extremely easy to access transit and attractive among tenants.
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Extras
Exposed brick throughout, updated mechanical and kitchens, large garage at the rear is currently leased for an additional $307.50/mth, potential to add a laneway house, excellent tenants prefer to stay, private entry for the basement suite.
Nearby Intersections
Bloor & Ossington (10)
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Property Details
Property Type
Semi-Detached, 2 1/2 Storey
Lot Size
16' x 129'
Lot Irregularities
Survey Available
Fronting
East
Taxes
$6,263 (2023)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Window Unit
Water
Municipal
Driveway
Lane
Garage Type
Detached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Ground | 9.65' x 13.55' | Hardwood Floor, W/O To Deck, Large Window |
Kitchen | Ground | 9.65' x 14.04' | Tile Floor, Eat-In Kitchen, B/I Microwave |
Br | Ground | 9.09' x 12.80' | Hardwood Floor, French Doors, Closet |
Den | Ground | 9.65' x 12.96' | Hardwood Floor, Fireplace, French Doors |
Kitchen | 2nd | 8.46' x 9.42' | Vinyl Floor, Eat-In Kitchen |
Prim Bdrm | 2nd | 13.71' x 13.09' | Hardwood Floor, Closet |
Br | 2nd | 12.80' x 10.70' | Hardwood Floor, Closet |
Br | 3rd | 13.78' x 11.25' | Hardwood Floor, Closet |
Living | 3rd | 13.81' x 12.17' | Hardwood Floor, Closet, W/O To Deck |
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Listing contracted with Sotheby's International Realty Canada
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