Steps to Bloor, 721 Shaw is the perfect multi-family residential home to add to your growing portfolio or off-set your mortgage. The property currently boasts nearly $110k in gross annual income and a staggering 4.5% cap rate. The basement suite was renovated in 2020 and features 2-beds and a modern kitchen. The main floor suite includes 2-beds and a sun-drenched kitchen with views of the city skyline. The upper floor is the largest suite, spread over two floors with 3-beds and a sizeable family room. Proximity to Bloor and Ossington make this property extremely easy to access transit and attractive among tenants.**** EXTRAS **** Exposed brick throughout, updated mechanical and kitchens, large garage at the rear is currently leased for an additional $307.50/mth, potential to add a laneway house, excellent tenants prefer to stay, private entry for the basement suite. (id:51013)
| MLS® Number | C8072914 |
| Property Type | Single Family |
| Community Name | Palmerston-Little Italy |
| Features | Lane |
| Parking Space Total | 1 |
| Bathroom Total | 3 |
| Bedrooms Above Ground | 7 |
| Bedrooms Total | 7 |
| Basement Development | Finished |
| Basement Features | Separate Entrance |
| Basement Type | N/a (finished) |
| Construction Style Attachment | Semi-detached |
| Cooling Type | Window Air Conditioner |
| Exterior Finish | Brick |
| Fireplace Present | Yes |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Type | House |
| Detached Garage |
| Acreage | No |
| Size Irregular | 16.25 X 129 Ft ; Survey Available |
| Size Total Text | 16.25 X 129 Ft ; Survey Available |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Kitchen | 2.87 m | 2.58 m | 2.87 m x 2.58 m |
| Second Level | Primary Bedroom | 3.99 m | 4.18 m | 3.99 m x 4.18 m |
| Second Level | Bedroom | 3.26 m | 3.9 m | 3.26 m x 3.9 m |
| Third Level | Bedroom | 3.43 m | 4.2 m | 3.43 m x 4.2 m |
| Third Level | Living Room | 3.71 m | 4.21 m | 3.71 m x 4.21 m |
| Ground Level | Living Room | 4.13 m | 2.94 m | 4.13 m x 2.94 m |
| Ground Level | Kitchen | 4.28 m | 2.94 m | 4.28 m x 2.94 m |
| Ground Level | Bedroom | 3.9 m | 2.77 m | 3.9 m x 2.77 m |
| Ground Level | Den | 3.95 m | 2.94 m | 3.95 m x 2.94 m |
https://www.realtor.ca/real-estate/26521721/721-shaw-st-toronto-palmerston-little-italy
Contact us for more information
Adam Brind
Broker
(416) 960-9995
(416) 960-3222
www.sothebysrealty.ca
Quinn Schell
Salesperson
(416) 960-9995
(416) 960-3222
www.sothebysrealty.ca
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