24 SUITE APARTMENT BUILDING IN TORONTO OFFERED IN A BID PROCESS
This apartment building is located in an up and coming desirable neighbourhood in west Toronto. Owned by the same family for about 25 years, this tidy & well maintained property boasts brick & concrete construction with terrazzo hallways throughout. The property is directly on the new Light Rail Transit (LRT) line (Scheduled to be operational in 2021.) At present, there is a bus stop directly in front of the building. The heating equipment was replaced approximately 5 years ago with a high-efficiency Knight Commercial Boiler. The flat tar & gravel roof was also replaced about 5 years ago. This property has a potentially significant rent upside on turn and is being offered free & clear of financing. Buyer to arrange their own financing.
All information furnished regarding this property is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price or other terms, prior sale, or withdrawl without notice. Prospective purchasers are advised to seek independent legal, accounting or any other consulting advice as may be deemed necessary to submit an offer to purchase. - Cooperating Brokers acting for buyers to be paid by buyers unless otherwise arranged. Not intended to solicit properties already for sale. Not intended to interfere with Purchaser-Agency Agreement.