Active

120 Mcgill St

Toronto Ontario, M5B 1H6

C$2,390,000


Active

6 Beds

6 Baths

Townhomes

<< Please see virtual tour>> Attention all investors and landlords. Completely renovated freehold Victorian townhome. This 3 unit townhome featuring A total of 6 spacious bedrooms, 3 modern kitchens and 6 bathrooms. Over 2200 sf of living space, 10 ft ceilings on the main floor, a large third-floor deck, and a stunning private backyard retreat with a shed. Main floor is a large 1 bedroom 1 washroom unit. 2nd and 3rd floor unit has 4 bedrooms and 4 ensuite's. Basement is a separate entrance 1 bedroom. Nestled in a heart of downtown next to a few big high rise condos. This property has the potential to be purchased by future developers. Also comes with one parking spaces that are currently rented by Spot Hero. Conveniently located just steps from Toronto Metropolitan University (formerly Ryerson), and within walking distance to U of T, hospitals, shopping, dining, the entertainment district, and public transit. Consistently fully rented. This investment property is a positive cashflow gem! Priced to sell come get it before it's gone! **EXTRAS** 3 Fridge, 3 Stoves, 3 Hood, 2 Washer & Dryer, Existing Window Coverings, Alf, Upgraded - Electrical Wiring, Central A/C/Furnace, HWT, Windows. Approx. 119K In Gross Income - 5.72% Cap Rate! Must assume tenants in leases w/ good market rent!

C11944550

MLS ID

February 24, 2025

Updated

Interior Features

Total Stories

3


Bedrooms

6


Total Bathrooms

6


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air, Gas

Exterior/Building Features

Lot Size

0.04 Acres


Lot Features

Fenced Yard, Hospital, Park, Public Transit, Rec Centre, School


Sewer

Sewers

Other Property Details

Area Name

Church-Yonge Corridor


Taxes

$6,241


Tax Frequency

Annually


Garage

No


Parking

None


Parking Total

1


View

No


County

Ontario


Municipality

Toronto


Water Source

Municipal


Pool

No


Pool Features

None


Zoning

Residential

 

Courtesy of Listed by , EXP REALTY,

Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.

©2025 Toronto Real Estate Board. All rights reserved. 

Data last updated 9:39 PM UTC, 2/24/2025

 

Powered byLuxury Presence