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252 ANNETTE STREET, Toronto (Junction Area), Ontario

$5,795,000

5,316 sq ft

MLS® W14176464

Impressive Trophy Multifamily Property! Offering an assumable CMHC mortgage with an extremely low interest rate, maturing August 2031! Newly developed in 2026, this income-producing multiplex in Toronto's desirable High Park North/Junction neighbourhood offers an attractive 5.1% cap rate! Featuring six municipally approved residential units plus two additional potential basement suites. All units have been recently leased at current market rental rates, providing immediate income without legacy below-market tenancies. Designed with energy efficiency in mind, featuring modern finishes, new appliances, air conditioning, and on-site laundry. Includes three parking spaces and boasts an impressive 92 Walk Score! Steps from vibrant shops, restaurants, parks, and transit, with easy access to High Park, Bloor West Village, TTC subway stations, GO Transit, and UP Express. A rare opportunity to acquire a modern, income-producing investment in a prime Toronto location! (id:56426)

ARI ZADEGAN

Listed by RE/MAX HALLMARK ARI ZADEGAN GROUP REALTY

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Karen McGuffin
Residential Realtor

Karen McGuffin

(519) 216-1956
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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.