$2,999,000Asking Price
557 Markham St
South Annex, Toronto
Turnkey investment in the heart of Little Italy! This grand semi-detached home at Bloor & Bathurst offers 6 self-contained rental units (5 occupied) a perfect portfolio addition. The property features 5 one-bedroom units and a spacious 2-level, 2-bedroom suite, and many updates throughout the property. Solid & sympatico tenants provide peace of mind to this investment opportunity. Unbeatable location: steps to Bloor St, Bathurst Subway, U of T, and directly across from the redeveloped and new Mirvish Village. Enjoy nearby shopping, parks, cafes, and dining. Five units enjoy outdoor spaces, two include in-unit laundry, and there's a 2-car garage with laneway access plus a laneway suite study offering exciting development potential. Monthly revenue is approx. $10,320/mo, and once fully occupied projected monthly revenue of $12,580/mo is expected once the recently renovated unit is leased. Investment opportunity not to be missed.
Turnkey investment in the heart of Little Italy! This grand semi-detached home at Bloor & Bathurst offers 6 self-contained rental units (5 occupied) a perfect portfolio addition. The property features 5 one-bedroom units and a spacious 2-level, 2-bedroom suite, and many updates throughout the property. Solid & sympatico tenants provide peace of mind to this investment opportunity. Unbeatable location: steps to Bloor St, Bathurst Subway, U of T, and directly across from the redeveloped and new Mirvish Village. Enjoy nearby shopping, parks, cafes, and dining. Five units enjoy outdoor spaces, two include in-unit laundry, and there's a 2-car garage with laneway access plus a laneway suite study offering exciting development potential. Monthly revenue is approx. $10,320/mo, and once fully occupied projected monthly revenue of $12,580/mo is expected once the recently renovated unit is leased. Investment opportunity not to be missed.
See MoreKey Info
- 2.5-Storey Multiplex
- 2 Parking
- Detached Garage
- Bathurst & Bloor (Steps to transformed Mirvish Village)
- Water Gas Heating
- No A/C
Property
- Taxes were $9,770 in 2024
- Possession: TBD
Details
- Brick Exterior
- No Fireplace
- 5 + 1 Kitchens
- MLS #C10454156
- FREEMAN REAL ESTATE LTD.
Extras
- Strength in numbers: 555 & 565 Markham St. are also for sale (MLS). Maximize your economies of scale, or dream bigger and assemble 3 flagship properties in enviable location. Located on a Low-Traffic, Tree-lined, One-way Street.
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Living Room | Main | 14.99' x 13.16' | Hardwood Floor, Combined W/Kitchen, Bay Window |
| 2 | Bedroom | Main | 13.48' x 17.09' | Hardwood Floor, Fireplace, French Doors |
| 3 | Kitchen | Main | 6.99' x 8.17' | Tile Floor, Open Concept |
| 4 | Living Room | Main | 17.85' x 10.01' | Laminate, Combined W/Kitchen, L-Shaped Room |
| 5 | Bedroom | Main | 16.34' x 11.15' | Laminate, Closet, Walkout To Yard |
| 6 | Kitchen | Main | 12.17' x 6.99' | Combined W/Living, Laminate |
| 7 | Living Room | 2nd | 14.34' x 13.09' | Hardwood Floor, Combined W/Kitchen, Walkout To Balcony |
| 8 | Bedroom | 2nd | 15.85' x 13.85' | Hardwood Floor, Closet |
| 9 | Kitchen | 2nd | 9.51' x 7.68' | Closet |
| 10 | Living Room | 2nd | 8.01' x 10.01' | Laminate, Combined W/Kitchen, Walkout To Deck |
| 11 | Bedroom | 2nd | 8.01' x 11.68' | Laminate, Closet, O/Looks Backyard |
| 12 | Living Room | 3rd | 10.99' x 13.32' | Combined W/Kitchen, Hardwood Floor, Walkout To Deck |
 | 2 4-Piece Bathrooms on Main Floor | |||
| 2 4-Piece Bathrooms on 2nd Floor | |||
| 1 4-Piece Bathroom on 3rd Floor | |||
| 1 4-Piece Bathroom in Basement | |||
How Far is Too Far?
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Who lives here?
South Annex, Toronto is a central Toronto neighbourhood notable for its singles, renters, university grads, executives and science, education, law & public sector and arts & culture professionals. Residents tend to be younger with a significant number of youth aged 20 to 24 and adults aged 25 to 39.
Families
Kids Per Family
0.7
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
59%
of residents are
single and loving it.
59% singles
Toronto (50%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
59%
of residents
are renters.
59% renters
Toronto (47%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
69%
of residents are
university grads.
69% university grads
Toronto (48%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$141K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Government | 16% |
| Sales | 14% |
| Business | 11% |
| Culture | 10% |
| Management | 9% |
Immigrants
28%
of residents were
born outside of Canada.
28% immigrants
Toronto (48%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
4.4% from China
All-time
Birthplace - Recent
0.8% from China
Recent
Foreign Languages
Foreign Languages
| Portuguese | 5% |
| Cantonese | 4% |
| Italian | 3% |
| Mandarin | 3% |
| French | 2% |
Religions
Religions
| Christian | 40% |
| Jewish | 7% |
| Buddhist | 2% |
| Muslim | 1% |
| Hindu | 1% |
Social Housing
Social Housing Buildings
1
Social housing buildings
in the neighbourhood.
Shelters
Shelters
4
Homeless shelters in
the neighbourhood.
