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6-8 JOHN STREET, Toronto (Weston) — listed at $1,100,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Excellent cap rate, a unique freestanding corner building with constant cash flow, great investment return with proven solid upward growth. Versatile property consisting of 2+1 long established commercial units, One 3 bedrooms (Fully renovated) with private ensuite washer/dryer brand new appliances and fixtures and one 2-Bedroom space at upper level, all with separate entrances, and Two parking space at rear with no condo fees. Live in one and collect constant cash from 4 other leased units if you want. Fully leased with stable tenants, never been vacant. Exceptional transit (TTC, GO, LTR, etc), at doorsteps and 400,401 ,427 HWY access. Great exposure in rapidly growing Weston surrounded by residential development. Unique Investment return with incoming raises. Newer roof, high-efficiency furnace and water heater. Fully detached with separate civic addresses. (id:60164)
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $9,912, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
What makes this a luxury property?+
At $1,100,000, standout features include 2637 sq ft, 4 bathrooms. In this price range, expect higher-end finishes — verify during a showing.
Who is 6-8 JOHN STREET best suited for?+
With null bedrooms and 4 bathrooms, this is ideal for a couple, a small family, or as a low-maintenance investment property.
Is there air conditioning?+
Yes — fully air conditioned cooling is in place.
What's the parking situation?+
This property includes 2 spaces.
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