557 Markham St, Toronto

$2,999,000

5 + 2 Bed, 6 Bath, 2 1/2 Storey home is located near Bathurst & Bloor (Steps to transformed Mirvish Village) in Palmerston-Little Italy.

Turnkey investment in the heart of Little Italy! This grand semi-detached home at Bloor & Bathurst offers 6 self-contained rental units (5 occupied) a perfect portfolio addition. The property features 5 one-bedroom units and a spacious 2-level, 2-bedroom suite, and many updates throughout the property. Solid & sympatico tenants provide peace of mind to this investment opportunity. Unbeatable location: steps to Bloor St, Bathurst Subway, U of T, and directly across from the redeveloped and new Mirvish Village. Enjoy nearby shopping, parks, cafes, and dining. Five units enjoy outdoor spaces, two include in-unit laundry, and there's a 2-car garage with laneway access plus a laneway suite study offering exciting development potential. Monthly revenue is approx. $10,320/mo, and once fully occupied projected monthly revenue of $12,580/mo is expected once the recently renovated unit is leased. Investment opportunity not to be missed.

557 Markham St, Toronto is a 5 + 2 bedroom, 6 bathroom residential 2 1/2 Storey multiplex home. 557 Markham St, Toronto is conveniently located in the Palmerston-Little Italy neighbourhood of Toronto Ontario. 557 Markham St, Toronto is an MLS®-Listed home with an asking price of $2,999,000. This residential property has been listed on ctfrealty.com for 1 days. Based on the Listing Price of 557 Markham St, Toronto, the estimated monthly mortgage payment would be $14,491. This Mortgage payment is calculated on a 5 year fixed mortgage with 25 year amortization and an interest rate of 5.39% with a down payment of 20%. The Annual property taxes for 557 Markham St, Toronto are approximately $9,771/year based on 2024 assessment.

This 2 1/2 Storey multiplex home located at 557 Markham St, Toronto features a Brick & Other exterior. The lot size of this East facing property is 22 x 125 feet. The property has 2 parking spaces with 2 car Detached garage. The home has Gas fueled Water heating and has no air conditioning. This property features at least 1 fireplace. The living room at main level has hardwood floor, combined w/kitchen, bay window. The bedroom at main level has hardwood floor, fireplace, french doors. The kitchen at main level has tile floor, open concept. The living room at main level has laminate, combined w/kitchen, l-shaped room. The bedroom at main level has laminate, closet, w/o to yard. The kitchen at main level has combined w/living, laminate. The living room at 2nd level has hardwood floor, combined w/kitchen, w/o to balcony. The bedroom at 2nd level has hardwood floor, closet. The kitchen at 2nd level has . The living room at 2nd level has laminate, combined w/kitchen, w/o to deck. The bedroom at 2nd level has laminate, closet, o/looks backyard. The living room at 3rd level has combined w/kitchen, hardwood floor, w/o to deck. Features of 557 Markham St, Toronto include fenced yard, place of worship, public transit, school.

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Property

  • Mortgage (est): $14,491
  • Taxes: $9,771/year
  • Lot Size: 22 x 125
  • Age: Ask us

Building

  • Fronting: East
  • Exterior: Brick & Other
  • Basement: Apartment, Finished Walk out
  • Parking: 2 Space
  • Garage: Detached

Utilities

  • Heat: Water
  • Hydro: Ask us
  • Gas: Ask us
  • Sewers: Sewers
  • Water: Municipal

Extras

  • Air Condition: No

Room Size Level Features
Living Room15 x 13 (197 ft2)MainHardwood Floor, Combined W/kitchen, Bay Window
Bedroom13 x 17 (230 ft2)MainHardwood Floor, Fireplace, French Doors
Kitchen7 x 8 (57 ft2)MainTile Floor, Open Concept
Living Room18 x 10 (179 ft2)MainLaminate, Combined W/kitchen, L-shaped Room
Bedroom16 x 11 (182 ft2)MainLaminate, Closet, W/o To Yard
Kitchen12 x 7 (85 ft2)MainCombined W/living, Laminate
Living Room14 x 13 (188 ft2)2ndHardwood Floor, Combined W/kitchen, W/o To Balcony
Bedroom16 x 14 (219 ft2)2ndHardwood Floor, Closet
Kitchen10 x 8 (73 ft2)2nd
Living Room8 x 10 (80 ft2)2ndLaminate, Combined W/kitchen, W/o To Deck
Bedroom8 x 12 (93 ft2)2ndLaminate, Closet, O/looks Backyard
Living Room11 x 13 (146 ft2)3rdCombined W/kitchen, Hardwood Floor, W/o To Deck

 
 
 
 

Mortgage Amount:

Down Payment Amount:

Monthly Mortgage Payment:

This Mortgage payment is calculated on a 5 year fixed mortgage with 25 year amortization and an interest rate of 5.39% with a down payment of 20%.