66-66A-68 Pembroke Street, Toronto, Ontario, Canada, M5A2N8
4,600,000
for Sale
About the property:
66, 66A & 68 Pembroke Street | A Very Rare Downtown Toronto Asset. Legally licensed and fully operational multi-residential accommodation property comprising three connected buildings, one single deed, and 39 income-producing accommodations. A rare, turn-key, high-density downtown Toronto portfolio of exceptional scale-an opportunity of this nature has not been offered in over 30 years. Steps from Yonge & Dundas, this strongly tenanted complex delivers immediate cash flow from a stable, low-turnover base of university students and young professionals. Select accommodations feature private 4-piece bathrooms, while some rooms include a dedicated in-suite hot-and-cold-water sink. Shared kitchens and washrooms serve the remaining accommodations. An on-site live-in housekeeper supports the day-to-day operation, tenant comfort, and orderly management of the property. Additional highlights include parking for three vehicles at the rear, exceptional access to transit and major universities, and a substantial downtown land holding in one of Toronto's most coveted locations-offering significant long-term appreciation and future redevelopment potential.
Extra info:
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Investment
false
- Property Type:
- Investment
- Status:
- for Sale
- Land Size:
- 49.5 x 96.08 FT ; 84.10x 12.81x 43.21x 19.32x 77.11x 49.85
- Business Type:
- Commercial/Retail
- Heating Type:
- Water Radiators
- Cross Street:
- Dundas St. E./Pembroke St.
- Annual Property Taxes:
- 13,903
- Listing ID:
- C13598902
Rooms
Dimensions
Brokered by:
Times Realty Group Inc.
Source: TRREB/PROPTX
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