Ashok ( Ash ) Patel
Broker
SAVE MAX ACHIEVERS REALTY, Brokerage
Independently owned and operated.
170 Wilkinson Rd, Brampton, Ontario L6T 4Z5
Cell: 416.669.7892Office: 905-497-6701Fax: 905-497-6700
$385,000
Available - For Sale
Listing ID: C13027858
412 Jarvis Street , Toronto, M4Y 2G6, Toronto
| Turnkey, self-sustaining investment opportunity in downtown Toronto, generating approximately break-even to slightly positive cash flow at current rent of $1,900-$1,950/month, with tenant responsible for heat and hydro. Estimated cap rate of ~4.2%(above average for comparable downtown condo investments) combined with low monthly maintenance fees of $343 makes this an efficient, low-maintenance asset with minimal out-of-pocket exposure. Tenant-paid utilities further enhance netoperating efficiency. Located in a proven high-demand rental pocket, units in this building rent quickly when available-helping minimize vacancy risk and support consistent occupancy. Ideal for investors seeking a stable hold with limited ongoing management and reducedexposure to unexpected costs. Fully renovated in 2023, the suite features new luxury vinyl flooring throughout, an updated kitchen with new countertops,backsplash, stainless steel appliances, and lighting, along with a modernized bathroom with new ceramics, vanity, and hardware. Full soundproofing throughout the entire unit, including ceiling replacement, provides exceptional privacy and durability- an uncommon feature that can help reduce tenant turnover. Situated in Windsor Lofts, an intimate 5-storey boutique building with only 30 units and limited turnover. Steps to transit, universities, hospitals, and the downtown core. Walk Score 95, Transit Score 92, Bike Score 98. A compelling opportunity to secure a low-entry, income-producing asset in one of Toronto's strongest rental corridors- also well-suited for end users seeking a fully renovated, low-maintenance downtown suite. |
| Price | $385,000 |
| Taxes: | $2036.00 |
| Occupancy: | Tenant |
| Address: | 412 Jarvis Street , Toronto, M4Y 2G6, Toronto |
| Postal Code: | M4Y 2G6 |
| Province/State: | Toronto |
| Directions/Cross Streets: | Jarvis St / Wellesley St E |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Foyer | 7.22 | 7.54 | Vinyl Floor |
| Room 2 | Main | Living Ro | 15.09 | 10.17 | Vinyl Floor, Pot Lights, Above Grade Window |
| Room 3 | Main | Dining Ro | 15.09 | 10.17 | Vinyl Floor, Combined w/Living, Above Grade Window |
| Room 4 | Main | Kitchen | 11.48 | 7.87 | Vinyl Floor, Stainless Steel Appl, Granite Counters |
| Room 5 | Main | Primary B | 11.15 | 7.54 | Vinyl Floor, Closet, Window |
| Room 6 | Main | Bathroom | 7.87 | 4.92 | Vinyl Floor, 4 Pc Bath |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Main |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 16-30 |
| Sprinklers: | Secu |
| Washrooms: | 1 |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX PROFESSIONALS INC. |
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Ashok ( Ash ) Patel
Broker
Dir:
416.669.7892
Bus:
905-497-6701
Fax:
905-497-6700
| Virtual Tour | Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Condo Apartment |
| Area: | Toronto |
| Municipality: | Toronto C08 |
| Neighbourhood: | Church-Yonge Corridor |
| Style: | Apartment |
| Approximate Age: | 16-30 |
| Tax: | $2,036 |
| Maintenance Fee: | $343 |
| Beds: | 1 |
| Baths: | 1 |
| Fireplace: | N |
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