12-Plex – Net Annual Income 100K

12-Plex – Net Annual Income 100K

Barrington Ave presents an excellent opportunity for owners and investors.  A 12 unit building, situated in the City of Toronto, within close proximity to trendy eateries and boutiques along Danforth Ave, Queen East and The Beaches.

TTC access available at Main subway station located at the corner of Barrington Ave and Danforth Ave. DVP and Gardiner Expressway minutes away.

Composed of 11 two bedroom units and 1 bachelor apartment. Ample parking available on site along with laundry facilities within the building, both actively contributing to the gross annual rental income.

Current net annual income is just under $100,000.00 with considerable room for improvement. Purchase price based on 4% capitalization rate.

Benefit from the passive income a true investment property provides with the added potential of future renovation/conversion prospects. Don’t let this opportunity pass you by.

Click link below for 156 Barrington Ave Brochure

156 Barrington Ave Brochure

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Jimmy Vlachos

Jimmy Vlachos

I am not driven by selling or buying. It’s not what gets me up in the morning nor what keeps me working late into the night. I am driven by a desire to be free, to do what I please with my time, to travel and experience all that life has to offer. My desire to be free is what lead me to Income Producing Property Investing. More...

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