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99 Bellevue Ave Immeuble residentiel 16 lots À vendre Toronto, ON M5T 2N8
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- Direct access to numerous bus lines on College Street. 1.14 km to Queen's Park Subway Station and 1.16 km to Spadina Subway Station.
- The Kensington-Chinatown neighbourhood offers 9 public schools, 3 catholic schools and 3 private schools all within close proximity.
- Located in a Prime Downtown location, surrounded by many fabulous and diverse neighbourhoods of the city.
- Current rental revenue generating a net operating income of $512,603.
Résumé analytique
Colliers International ("Colliers" or the "Advisor") is pleased to present the opportunity to acquire 99 Bellevue Avenue (the "Property" or "Site"), a walk-up apartment building in the heart of Toronto’s Kensington Market neighborhood. This 14,961 SF site currently features a four-storey, 16-unit apartment building generating a strong in-place net operating income (NOI) of $512,603.
The property presents investors with a rare chance to benefit from immediate cash flow while capitalizing on significant redevelopment potential. A feasibility study conducted by Sweeny&Co Architects illustrates the potential for a 12-storey mid-rise development, encompassing 93,695 SF of Gross Floor Area (GFA), 114 residential units.
The surrounding market demonstrates robust demand, with purpose-built rental rates exceeding $4.62 PSF/M and resale condo pricing averaging $1,259 PSF, highlighting the strong investment fundamentals of the area.
99 Bellevue Avenue represents a compelling investment opportunity for those seeking a well-located, income-generating multi-family asset with significant upside potential.
Its prime location in one of Toronto’s most dynamic neighborhoods, strong transit connectivity, and approved high-density development potential make it a rare and valuable acquisition. Investors looking for a covered land play with immediate revenue and long-term capital appreciation will find 99 Bellevue Avenue to be an outstanding addition to their portfolio.
The property presents investors with a rare chance to benefit from immediate cash flow while capitalizing on significant redevelopment potential. A feasibility study conducted by Sweeny&Co Architects illustrates the potential for a 12-storey mid-rise development, encompassing 93,695 SF of Gross Floor Area (GFA), 114 residential units.
The surrounding market demonstrates robust demand, with purpose-built rental rates exceeding $4.62 PSF/M and resale condo pricing averaging $1,259 PSF, highlighting the strong investment fundamentals of the area.
99 Bellevue Avenue represents a compelling investment opportunity for those seeking a well-located, income-generating multi-family asset with significant upside potential.
Its prime location in one of Toronto’s most dynamic neighborhoods, strong transit connectivity, and approved high-density development potential make it a rare and valuable acquisition. Investors looking for a covered land play with immediate revenue and long-term capital appreciation will find 99 Bellevue Avenue to be an outstanding addition to their portfolio.
Informations sur l’immeuble
| Type de vente | Investissement | Classe d’immeuble | C |
| Nb de lots | 16 | Surface du lot | 0,14 ha |
| Type de bien | Immeuble residentiel | Surface de l’immeuble | 1 317 m² |
| Sous-type de bien | Appartement | Nb d’étages | 4 |
| Style d’appartement | De hauteur moyenne | Année de construction | 1988 |
| Zonage | R | ||
| Type de vente | Investissement |
| Nb de lots | 16 |
| Type de bien | Immeuble residentiel |
| Sous-type de bien | Appartement |
| Style d’appartement | De hauteur moyenne |
| Classe d’immeuble | C |
| Surface du lot | 0,14 ha |
| Surface de l’immeuble | 1 317 m² |
| Nb d’étages | 4 |
| Année de construction | 1988 |
| Zonage | R |
Caractéristiques
Caractéristiques du site
- Accès contrôlé
- Système de sécurité
- Sans tabac
- Espace d’entreposage
1 1
Exceptionnellement praticable à pied
100/100
Relativement adapté aux voitures
40/100
Transports en commun exceptionnels
90/100
Exceptionnellement praticable à vélo
90/100
1 sur 3
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Visite extérieure 3D Matterport
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Carte
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Présenté par
99 Bellevue Ave
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