372 George St Toronto, ON M5A 2N3
Listing Courtesy of: TORONTO IDX / Landlord Realty Inc.

  372 George St Toronto, ON M5A 2N3

Active
$2,699,000
15
BED
4
BATH

Description

Rooming House under 2008 permit containing 15 dwelling rooms in a ready-to-license property renovated top to bottom! Reach out for a comprehensive info package and to schedule a tour. Unparallelled rental income potential exceeding 6% cap rate and primed for significant upside in a location undergoing a profound transformation with the George Street Revitalization project across the street, highrise developments all around, and the best of Toronto already within walking distance. The three above-grade floors each feature four bedrooms sharing kitchen and bathroom facilities, plus a below-grade self-contained three-bedroom unit with both front and rear access. All throughout: cast iron water radiant heating, new tilt and turn windows, new vinyl plank flooring, new lighting, new fire safety components, new drywall, new doors, new carpet for stairs, new cabinets, new vanities, and a huge rooftop deck providing skyline views allowed by the 2008 permit.

MLS®:
C8018894
Taxes
$6,116(2023)
Type
Single-Family Home
Style
3-Storey
County
Toronto
Community
Moss Park

Listed By

Landlord Realty Inc.
Source
TORONTO IDX
Last checked Feb 21 2024 at 10:00 AM GMT+0000
Bathroom Details
Interior Features
  • Interconnected Fire Alarm and Pull Station System.
  • 1X Microwave
  • 1X Dishwasher
  • 2X Stove Hood Exhaust
  • 1X Electric Stove
  • 2X Fridges
  • Gas Hot Water Tank
  • Gas Boiler
Heating and Cooling
  • Forced Air
  • None
Basement Information
  • Apartment
Exterior Features
  • Brick
Utility Information
  • Sewer: None
  • Fuel: Gas
Garage
  • None
Location
   
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Disclaimer: Copyright 2024 Toronto IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2/21/24 02:00