$1,999,000
Toronto
46 Pembroke Street, Toronto (Moss Park), Ontario, M5A2N7
This 9-bedroom, 4-bathroom home in Toronto is for sale offering roughly 2,250 sq ft of space. It has been on the market 0 days, fresher than the Toronto average of 61 days.
Prime investment opportunity, or perfect live/rent, on iconic Pembroke Street in Toronto's coveted Garden District. Impressive secured rent generating over $120,000 in annual income and operating at an impressive 5.2% cap rate. Showcasing stunning turn-of-the-century architecture on a substainial lot with 21.5-ft-width and private front courtyard, this extensively renovated three-unit property delivers an exceptional investment profile. Thoughtfully upgraded throughout, including all major mechanical systems offering individually controlled split-unit HVAC and multiple meters. 46 Pembroke St offers immediate income and compelling long-term potential. The stunning owner's suite will be vacant on closing, providing added flexibility to occupy one unit while benefiting from established rental income. Or, accommodate multigenerational ownership and capitalize on future rental potential. Secured tenancies provide a strong existing income foundation. Private rear parking for two vehicles, a rare downtown amenity, and the flexibility of a well-maintained, income-producing asset in an established rental market. Ideally located steps to TTC routes and streetcars, minutes to subway stations, multiple schools and poised to benefit from the future Ontario Line and enhanced transit connectivity. A rare opportunity to acquire a substantially upgraded, multi-unit investment combining strong income, exceptional flexibility and long-term appreciation potential in one of Toronto's most resilient rental markets. This one checks all the boxes! Don't miss out (id:66096)
Features and services as supplied by the listing brokerage.
Just listed: 0 days on market, against an average age of 61 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 9-bed single family in Toronto (Moss Park) has been listed for 0 days, which is 61 days fresher than the city average of 61. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,999,000, about 28.2× the local median household income of $71,000.
Carrying it typically needs a household income of about $390,475 (20% down, 25-yr amortization, stress-tested) — roughly 450% above the area median.
Source: Statistics Canada, 2021 Census (FSA M5A)
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Loading rates, 30-yr amortization
Cash Needed to Close
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.