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1385 Midland Ave 147 Unit Apartment Building For Sale Toronto, ON M1P 3B8
Investment Highlights
- 85% two and three bedroom units
- Established rental node with future surrounding developments
- Tremendous rental upside - 83% gap to market rents
Executive Summary
147 Unit Apartment Building on 2 Acres
Property Facts
| Sale Type | Investment | Lot Size | 2.06 AC |
| No. Units | 147 | Building Size | 193,921 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 13 |
| Apartment Style | Mid-Rise | Year Built | 1969 |
| Building Class | C | Parking Ratio | 0.92/1,000 SF |
| Zoning | RA - Residential | ||
| Sale Type | Investment |
| No. Units | 147 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 2.06 AC |
| Building Size | 193,921 SF |
| Average Occupancy | 100% |
| No. Stories | 13 |
| Year Built | 1969 |
| Parking Ratio | 0.92/1,000 SF |
| Zoning | RA - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Day Care
- Laundry Facilities
- Property Manager on Site
- Recycling
- Smoke Free
- Storage Space
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 23 | - | 650 |
| 2+1 | 69 | - | 850 |
| 3+2 | 55 | - | 1,050 |
Walk Score®
Very Walkable (82)
Transit Score®
Excellent Transit (72)
Contacts
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David Lieberman -
Jonathan Hittner -
Neil Musselwhite -
Eamonn McConnell -
Avison Young
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Videos
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1385 Midland Ave
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