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Est. payment | /mo
1,789 SqFt
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Est. payment | /mo
1,789 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 1,789 sqft
Municipality Toronto C03
Subdivision Oakwood Village
MLS Listing ID C13773418
Annual Tax Amount $6,407
Tax Year 2026
Property Sub-Type Investment
Property Description
An excellent opportunity to acquire a well-performing multi-residential property in Toronto's evolving and highly desirable Oakwood Village neighbourhood. 279 Lauder Ave offers investors a stable, income-generating asset in a community experiencing strong rental demand and ongoing revitalization. This very well-managed property has been meticulously maintained by an experienced owner, reflecting pride of ownership and operational efficiency. Recent upgrades include all windows and blinds, exterior doors, driveway and parking areas, composite back deck, refreshed front deck, front stairs and railings, bathrooms, electrical panels, tankless water heater, and most appliances. Current rents are at market level and investors benefit from a **strong cap rate of 4.83%**, with minimal need for repositioning.Tenants benefit from efficient floor plans and excellent transit access, with the St. Clair streetcar just an 8-minute walk away, connecting seamlessly across the city. The property is also steps from the lively St. Clair West corridor, known for its diverse mix of cafes, restaurants, and local shops, enhancing everyday convenience and lifestyle appeal.This well-managed asset reflects pride of ownership and long-term care, making it an ideal turnkey addition to any investment portfolio. With strong fundamentals, desirable location, and steady income, 279 Lauder Ave is positioned for continued tenant demand and future growth.
Location
Province ON
County Toronto
Community Toronto C03
Area Toronto
Zoning RM (f12.0; u4; d0.8)
Interior
Cooling Yes
Inclusions 2 Washers/2 Dryers, Portable A/C x3 / Dehumidifier x1
Exterior
Utilities Available Yes
Lot Frontage 25.0
Lot Depth 120.0
Others
ParcelsYN No
Virtual Tour https://www.houssmax.ca/vtournb/c1981060
Listed by ROYAL LEPAGE TERREQUITY BESPOKE REALTY
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