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