1385 Midland Ave
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1385 Midland Ave
147 Unit Apartment Building For Sale Toronto, ON M1P 3B8
Investment Highlights
- 85% two and three bedroom units
- Established rental node with future surrounding developments
- Tremendous rental upside - 83% gap to market rents
Executive Summary
147 Unit Apartment Building on 2 Acres
Property Facts
Sale Type | Investment | Lot Size | 2.06 AC |
No. Units | 147 | Building Size | 193,921 SF |
Property Type | Multifamily | Average Occupancy | 99% |
Property Subtype | Apartment | No. Stories | 13 |
Apartment Style | Mid Rise | Year Built | 1969 |
Building Class | C | Parking Ratio | 0.92/1,000 SF |
Sale Type | Investment |
No. Units | 147 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Mid Rise |
Building Class | C |
Lot Size | 2.06 AC |
Building Size | 193,921 SF |
Average Occupancy | 99% |
No. Stories | 13 |
Year Built | 1969 |
Parking Ratio | 0.92/1,000 SF |
Unit Amenities
- Air Conditioning
- Heating
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Day Care
- Laundry Facilities
- Property Manager on Site
- Elevator
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
1+1 | 23 | - | 650 |
2+1 | 69 | - | 850 |
3+2 | 55 | - | 1,050 |
Walk Score ®
Very Walkable (82)
Transit Score ®
Excellent Transit (72)
zoning
Zoning Code | RA (Residential) |
RA (Residential) |
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1385 Midland Ave
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