181 Augusta Ave.

User/Investment Opportunity – Sold

181augusta

Asking Price: $1,595,000.00

Description:

  • Main floor commercial with 4 apartments.
  • Potential Net Income of approximately $100,000 per year.
  • Vacant possession: main floor commercial & 3rd floor apt.

Additional Resources

Improvements:

  • Roofs installed 3 & 5 years ago. upgraded water to street.
  • Each unit has separate hydro meter & breaker panel
  • Apt. renos include: hardwood floors, newer appl., A/C unit for main & 2nd floor, some kitchens & baths.

Location:

  • Prime Kensington Market. Top tourist destination
  • Fantastic views of Bellevue Gardens Park and City Skyline.
  • A block from a large Green “P” parking lot.

Size:

  • Lot: 16′ x 86.5′
  • Bldg: 4,997 square feet (including lower level)
  • (Main: 1,184, 2nd: 1,301, 3rd: 1,301, Bsmt: 1,211)

Zoning:

  • CR 2.0 C 2.0 R 2.0 SS 2 (x1865)
  • Allows for 2x commercial coverage

Closing Date:

  • 60 Days (to be arranged)

Property Map