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Listed by Sotheby`S International Realty Canada.
721 Shaw Street is a Semi-Detached, 2 1/2 Storey and is currently for Sale @ $1,949,900. Taxes in 2023 were $6,263.00.
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Steps to Bloor, 721 Shaw is the perfect multi-family residential home to add to your growing portfolio or off-set your mortgage. The 2 1/2 Storey on 721 Shaw Street has 7 bedrooms, 3 bathrooms, and is located on a 129.00 x 16.25 ft lot in the community of Palmerston-Little Italy . The property currently boasts nearly $110k in gross annual income and a staggering 4.5% cap rate. The basement suite was renovated in 2020 and features 2-beds and a modern kitchen. The main floor suite includes 2-beds and a sun-drenched kitchen with views of the city skyline. The upper floor is the largest suite, spread over two floors with 3-beds and a sizeable family room. Proximity to Bloor and Ossington make this property extremely easy to access transit and attractive among tenants.
Exposed brick throughout, updated mechanical and kitchens, large garage at the rear is currently leased for an additional $307.50/mth, potential to add a laneway house, excellent tenants prefer to stay, private entry for the basement suite.
The address 721 Shaw Street was listed for sale (MLS# C8072914) on Thursday, February 15, 2024.
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| List Date | List Price | Last Status | Sold Date | Sold Price | Days On Market |
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16.25 x 129.00 ft lot
