Michael Tzakas
Sales Representative
RE/MAX Hallmark Realty Ltd, Brokerage
Independently owned and operated.
685 Sheppard Ave East, Richmond Hill, Ontario M2K 1B6
Cell: 416-561-3911Office: 416-494-7653
$1,395,000
Available - For Sale
Listing ID: C13773418
279 Lauder Avenue , Toronto, M6E 3H5, Toronto
| An excellent opportunity to acquire a well-performing multi-residential property in Toronto's evolving and highly desirable Oakwood Village neighbourhood. 279 Lauder Ave offers investors a stable, income-generating asset in a community experiencing strong rental demand and ongoing revitalization. This very well-managed property has been meticulously maintained by an experienced owner, reflecting pride of ownership and operational efficiency. Recent upgrades include all windows and blinds, exterior doors, driveway and parking areas, composite back deck, refreshed front deck, front stairs and railings, bathrooms, electrical panels, tankless water heater, and most appliances. Current rents are at market level and investors benefit from a **strong cap rate of 4.83%**, with minimal need for repositioning.Tenants benefit from efficient floor plans and excellent transit access, with the St. Clair streetcar just an 8-minute walk away, connecting seamlessly across the city. The property is also steps from the lively St. Clair West corridor, known for its diverse mix of cafes, restaurants, and local shops, enhancing everyday convenience and lifestyle appeal.This well-managed asset reflects pride of ownership and long-term care, making it an ideal turnkey addition to any investment portfolio. With strong fundamentals, desirable location, and steady income, 279 Lauder Ave is positioned for continued tenant demand and future growth. |
| Price | $1,395,000 |
| Taxes: | $6407.04 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 279 Lauder Avenue , Toronto, M6E 3H5, Toronto |
| Postal Code: | M6E 3H5 |
| Province/State: | Toronto |
| Directions/Cross Streets: | St. Clair Ave W and Dufferin St |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Use: | Apts - 2 To 5 Units |
| Building Percentage: | T |
| Total Area: | 1789.00 |
| Total Area Code: | Square Feet |
| Washrooms: | 0 |
| Heat Type: | Baseboard |
| Central Air Conditioning: | Yes |
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| ROYAL LEPAGE TERREQUITY BESPOKE REALTY |
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Michael Tzakas
Sales Representative
Dir:
416-561-3911
Bus:
416-494-7653
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At a Glance:
| Type: | Com - Investment |
| Area: | Toronto |
| Municipality: | Toronto C03 |
| Neighbourhood: | Oakwood Village |
| Tax: | $6,407.04 |
| Fireplace: | N |
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