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1384-1386 King St W

18 Unit Apartment Building $3,867,768 USD ($214,876 USD/Unit) Toronto, ON M6K 2V2

Executive Summary

This 18-unit building comprises a mix of bachelor, 1-bedroom, and 2-bedroom units across three well-maintained stories. Positioned conveniently with transit access at the doorstep, the property offers significant upside potential. Fully leased with a waiting list, it presents a viable Vendor Take-Back (VTB) option, supported by an attached appraisal. Featuring numerous upgrades, the property is easy to manage with strong curb appeal. Additionally, it boasts long-term development prospects and a desirable tenant mix, all while maintaining rents below market value.

Property Facts

Price $3,867,768 USD
Price Per Unit $214,876 USD
Sale Type Investment
No. Units 18
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.17 AC
Building Size 14,379 SF
No. Stories 3
Year Built 1912

Unit Amenities

  • Microwave
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
Walk Score ®
Walker's Paradise (93)
Transit Score ®
Excellent Transit (84)
Bike Score ®
Very Bikeable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code R (d1.0) (x991)
R (d1.0) (x991)
  • Listing ID: 31752376

  • Date on Market: 5/9/2024

  • Last Updated:

  • Address: 1384-1386 King St W, Toronto, ON M6K 2V2

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