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721 Shaw Street Toronto, Ontario M6G 3L8

7 Bedroom 3 Bathroom
Fireplace Window Air Conditioner Forced Air

$1,949,900

Steps to Bloor, 721 Shaw is the perfect multi-family residential home to add to your growing portfolio or off-set your mortgage. The property currently boasts nearly $110k in gross annual income and a staggering 4.5% cap rate. The basement suite was renovated in 2020 and features 2-beds and a modern kitchen. The main floor suite includes 2-beds and a sun-drenched kitchen with views of the city skyline. The upper floor is the largest suite, spread over two floors with 3-beds and a sizeable family room. Proximity to Bloor and Ossington make this property extremely easy to access transit and attractive among tenants. **** EXTRAS **** Exposed brick throughout, updated mechanical and kitchens, large garage at the rear is currently leased for an additional $307.50/mth, potential to add a laneway house, excellent tenants prefer to stay, private entry for the basement suite. (id:27910)

Property Details

MLS® Number C8072914
Property Type Single Family
Community Name Palmerston-Little Italy
Features Lane
Parking Space Total 1

Building

Bathroom Total 3
Bedrooms Above Ground 7
Bedrooms Total 7
Basement Development Finished
Basement Features Separate Entrance
Basement Type N/a (finished)
Construction Style Attachment Semi-detached
Cooling Type Window Air Conditioner
Exterior Finish Brick
Fireplace Present Yes
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Type House
Utility Water Municipal Water

Parking

Detached Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Irregular 16.25 X 129 Ft ; Survey Available
Size Total Text 16.25 X 129 Ft ; Survey Available

Rooms

Level Type Dimensions
Second Level Kitchen 2.87 m x 2.58 m
Second Level Primary Bedroom 3.99 m x 4.18 m
Second Level Bedroom 3.26 m x 3.9 m
Third Level Bedroom 3.43 m x 4.2 m
Third Level Living Room 3.71 m x 4.21 m
Ground Level Living Room 4.13 m x 2.94 m
Ground Level Kitchen 4.28 m x 2.94 m
Ground Level Bedroom 3.9 m x 2.77 m
Ground Level Den 3.95 m x 2.94 m