105 - 412 Jarvis Street Toronto, Ontario M4Y 2G6

1 Bedroom 1 Bathroom 500 - 599 sqft
Central Air Conditioning Forced Air, Not Known

$385,000

Maintenance, Insurance, Water, Common Area Maintenance

$343 Monthly

Turnkey, self-sustaining investment opportunity in downtown Toronto, generating approximately break-even to slightly positive cash flow at current rent of $1,900-$1,950/month, with tenant responsible for heat and hydro. Estimated cap rate of ~4.2%(above average for comparable downtown condo investments) combined with low monthly maintenance fees of $343 makes this an efficient, low-maintenance asset with minimal out-of-pocket exposure. Tenant-paid utilities further enhance netoperating efficiency. Located in a proven high-demand rental pocket, units in this building rent quickly when available-helping minimize vacancy risk and support consistent occupancy. Ideal for investors seeking a stable hold with limited ongoing management and reducedexposure to unexpected costs. Fully renovated in 2023, the suite features new luxury vinyl flooring throughout, an updated kitchen with new countertops,backsplash, stainless steel appliances, and lighting, along with a modernized bathroom with new ceramics, vanity, and hardware. Full soundproofing throughout the entire unit, including ceiling replacement, provides exceptional privacy and durability- an uncommon feature that can help reduce tenant turnover. Situated in Windsor Lofts, an intimate 5-storey boutique building with only 30 units and limited turnover. Steps to transit, universities, hospitals, and the downtown core. Walk Score 95, Transit Score 92, Bike Score 98. A compelling opportunity to secure a low-entry, income-producing asset in one of Toronto's strongest rental corridors- also well-suited for end users seeking a fully renovated, low-maintenance downtown suite. (id:62616)

Property Details

MLS® Number C13027858
Property Type Single Family
Community Name Church-Yonge Corridor
Amenities Near By Hospital, Park, Place Of Worship, Public Transit
Community Features Pets Allowed With Restrictions, Community Centre
Equipment Type Water Heater
Rental Equipment Type Water Heater

Building

Bathroom Total 1
Bedrooms Above Ground 1
Bedrooms Total 1
Age 16 To 30 Years
Amenities Separate Electricity Meters, Storage - Locker
Appliances Dishwasher, Dryer, Microwave, Hood Fan, Stove, Washer, Window Coverings, Refrigerator
Basement Type None
Cooling Type Central Air Conditioning
Exterior Finish Brick
Fire Protection Security System
Flooring Type Vinyl
Heating Fuel Natural Gas, Other
Heating Type Forced Air, Not Known
Size Interior 500 - 599 Sqft
Type Apartment

Parking

No Garage

Land

Acreage No
Land Amenities Hospital, Park, Place Of Worship, Public Transit

Rooms

Level Type Dimensions
Main Level Foyer 2.2 m x 2.3 m
Main Level Living Room 4.6 m x 3.1 m
Main Level Dining Room 4.6 m x 3.1 m
Main Level Kitchen 3.5 m x 2.4 m
Main Level Primary Bedroom 3.4 m x 2.3 m
Main Level Bathroom 2.4 m x 1.5 m

https://www.realtor.ca/real-estate/29638071/105-412-jarvis-street-toronto-church-yonge-corridor-church-yonge-corridor

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