280 Woodfield Road, Toronto (greenwood-Coxwell), Ontario

$5,795,000

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11,000

Square feet

50.00

Acres

About 280 Woodfield Road

This property is an excellent investment opportunity! With 20 residential units and one commercial tenant secured until 2026, you've got a great mix of income stability and potential for value appreciation. A 5.35% cap rate offering a great net income and good returns - see attached Property Proforma for the details. Property is self managed (proforma shown with a property management company) for the most part and has a supervisor for maintenance and cleaning.. Mostly month-to-month tenants with three vacant 1-bedroom units which could be leased at market rates currently between $1700-$2300 per month. Also allows for possible renovations to attract a higher rent. The commercial tenant ensures reliable income until December 2026. Popular high demand area due to its walkability, transit access, and vibrant community This area is part of the Greenwood-Coxwell and Leslieville neighbourhoods, known for their vibrant and trendy atmosphere. The area boasts a Walk Score of 93, meaning daily errands can be done on foot. It also has excellent transit options with a Transit Score of 73, making commuting convenient. With a Bike Score of 79, biking is a great way to get around. The neighbourhood is packed with boutique shops, gourmet restaurants, and lively cafes, making it a hotspot for food lovers and shoppers. Residents enjoy easy access to parks and beaches, offering great outdoor spaces for relaxation and recreation. The area has a mix of historic charm and modern conveniences, making it a desirable place to live. Close to many schools in the area providing a mix of academic, technical, and arts-focused programs. (id:36535)

Features of 280 Woodfield Road

Listing # E12104086
Price $5,795,000
Bathrooms 0.00
Square Footage 11,000
Acres 50.00
Type Business

Community Information

Address 280 Woodfield Road
Subdivision Greenwood-Coxwell
City Toronto (greenwood-Coxwell)
Province Ontario
Postal Code M4L2W7

Amenities

Parking Spaces 7
Is Waterfront No
Has Pool No

Interior

Heating Other
Cooling Partially air conditioned
Fireplace No
Has Basement No

Listing Details

OfficeCourtesy Of CAROL ELIZABETH FODERICK and ROBERT WONG Of KELLER WILLIAMS ADVANTAGE REALTY

Listing Map