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57 Cowan Avenue, Toronto W01, ON M6K 2N1
57 Cowan Avenue, Toronto W01, ON M6K 2N1
57 Cowan Avenue, Toronto W01, ON M6K 2N1
57 Cowan Avenue, Toronto W01, ON M6K 2N1
57 Cowan Avenue, Toronto W01, ON M6K 2N1
57 Cowan Avenue, Toronto W01, ON M6K 2N1
57 Cowan Avenue, Toronto W01, ON M6K 2N1
57 Cowan Avenue, Toronto W01, ON M6K 2N1
57 Cowan Avenue, Toronto W01, ON M6K 2N1
57 Cowan Avenue, Toronto W01, ON M6K 2N1
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$1,995,000 CAD

57 Cowan Avenue, Toronto W01, ON M6K 2N1

9 Beds 9 Baths

Description

An exceptional and rarely available opportunity to acquire a fully leased 9-unit multiplex in the heart of South Parkdale, one of Toronto's most vibrant and rapidly gentrifying neighbourhoods just steps to trendy King Street West, transit, shops, restaurants, and every day amenities. This well-maintained income property offers zero vacancy, stable tenants, and an excellent cap rate, making it a compelling addition to any investor's portfolio with strong in-place cash flow and long-term upside.The building features nine self-contained units including two small one-bedroom suites, four well-sized one-bedroom plus living room apartments, and three studio units on the upper floor, creating a diverse unit mix that appeals to a broad tenant base. The current owner has been strategically renovating units as they become vacant, and several suites have already been upgraded, offering clear potential for continued improvements and increased rental income overtime.Situated on a quiet residential street, the property also includes a private backyard with shed and potential for a future parking pad, creating additional value and income possibilities. The building has been well maintained with a good roof and freshly painted doors, and benefits from responsible long-term tenants. Zoned "Multiplex With 7 Or More Self-Contained Units," this is a very rare chance to secure a turn key multi-unit investment in a prime west-end Toronto location with strong cash flow today and meaningful long-term appreciation potential.

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Location

57 Cowan Avenue, Toronto W01, ON M6K 2N1, CA

Status

For Sale
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
Thank you for your interest in 57 Cowan Avenue, Toronto W01, ON M6K 2N1, CA. We are reviewing your request and will be in touch shortly!

Property Amenities

View additional property information below.
Interior
Total Bedrooms: 9
Other Interior Features Other
Area & Lot
MLS® ID W12890260
View Description City
Architecture Styles 3-Storey
Type Multi-Family
Status For Sale
Exterior
Pool None
Air conditioning Wall Unit(s)
Heat type Radiant
Security Features Carbon Monoxide Detectors, Smoke Detector
Sewer Sewer
Other Exterior Features Deck, Patio, Porch
Roof Asphalt Shingle
Finance
Sales Price $1,995,000 CAD
Real Estate Tax $13,446 CAD yearly

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Forest Hill Yorkville is a team of Ontario real estate experts. They specialize in a variety of unique estate homes, chalets, cottages, condominiums, and commercial property from Forest Hill to Yorkville to Rosedale. Clients get an unrivaled level of service, dedication, marketing, and professionalism. Contact the team today.