3 Elm Grove Ave – Downtown West Toronto

3 Elm Grove Ave – Downtown West Toronto

$3,549,000.00

A Rare Offering of A 12, 1-Bedroom Walk-up Apartment Building Located in one of Toronto’s most vibrant Communities. Steps to Queen Street Shops, Restaurants and Cafes, King Street West, Liberty Village and TTC at your Door Step. A Short Stroll to Toronto’s Waterfront, CNE and a 16 Minute Commute to Downtown Toronto.  The building features Mostly updated Suites, Updated Boiler, Fire Doors, and Newer Windows.  Superb value with excellent upside on rental income and future development. A fully occupied Turn-key Investment Opportunity.

Contact our team today for complete financial Pro Forma and Information Package

Building Features

  • Purpose Built 12 Unit Walk-Up Apartment Complex
  • Brick and Masonry Construction
  • Terrazzo Flooring in Common Elements
  • Total of Over 7,600 Square Feet Above Grade
  • 12 – 1 Bedroom (mostly renovated) Renovated Suite
  • Interconnected Fire Alarm, Pull Stations, Heat Sensors, Fire Doors and Fire Suppression Equipment
  • Fire Safety Certificate (2019)
  • Surveillance System with NVR
  • Updated Windows Throughout
  • Updated Steam Boiler (2016)
  • 2 Washer and 2 Dryer
  • LED Exterior Safety Lighting
  • Extensive Landscaping with Irrigation
  • Individually Metered Hydro

Suite features

  • 11 of 12 Suites have been updated
  • Suite Improvement include: Updated Kitchens with Stone Counter, Backsplash, Updated Appliances
  • Open Concept Floor Plans
  • Units Range in Size from 650 SF-800 SF (Approximately)
  • Intercom System with Remote Door Entry
  • Bright and Spacious Suites with Ample Storage and Natural Light

Area Amenities

  • 15 Minute Commute to Downtown Toronto
  • Steps to TTC (King Street)
  • Steps to King Street West, Liberty Village, Queen West, CNE
  • Shopping, Restaurants and Entertainment at your Doorstep
  • 5 Minutes to High Park
  • 5 Minutes to Toronto Waterfront

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