721 Shaw St | Toronto C01 - Palmerston-Little Italy

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Description

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.

Property Details

  • Asking Price: $1,949,900
  • Taxes: 6263.00
  • Lot Front: 16.25
  • Lot Depth: 129.00
  • Bedrooms: 7
  • Bathrooms: 3
  • Basement: Finished
  • Garage Type: Detached
  • Garage Spaces: 1.0
  • Kitchens: 3
  • Heat Type: Forced Air
  • Heat Source: Gas
  • Air Conditioning: Window Unit
  • Fireplace: Y
  • Type: Semi-Detached
  • Style: 2 1/2 Storey

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.

Room Dimensions

RoomDimensionsLevelFeatures
Living 12.2×13.8 ft (3.7×4.2 m) 3rd Hardwood Floor, Closet, W/O To Deck
Kitchen 9.4×8.5 ft (2.9×2.6 m) 2nd Vinyl Floor, Eat-In Kitchen
Br 11.3×13.8 ft (3.4×4.2 m) 3rd Hardwood Floor, Closet
Den 13×9.6 ft (4×2.9 m) Ground Hardwood Floor, Fireplace, French Doors
Prim Bdrm 13.1×13.7 ft (4×4.2 m) 2nd Hardwood Floor, Closet