Description

 Price: $ 1,499,000.00 MLS^®: C13060418         Location : 279 Lauder Avenue, Toronto C03, ON M6E 3H5

An excellent opportunity to acquire a well-performing multi-residential property in Toronto's evolving and highly desirable Oakwood Village neighbourhood. 279 Lauder Ave offers investors a stable, income-generating asset in a community experiencing strong rental demand and ongoing revitalization. This very well-managed property has been meticulously maintained by an experienced owner, reflecting pride of ownership and operational efficiency. Recent upgrades include all windows and blinds, exterior doors, driveway and parking areas, composite back deck, refreshed front deck, front stairs and railings, bathrooms, electrical panels, tankless water heater, and most appliances. Current rents are at market level and investors benefit from a **strong cap rate of 4.53%**, with minimal need for repositioning.Tenants benefit from efficient floorplans and excellent transit access, with the St. Clair streetcar just an 8-minute walk away, connecting seamlessly across the city. The property is also steps from the lively St. Clair West corridor, known for its diverse mix of cafés, restaurants, and local shops, enhancing everyday convenience and lifestyle appeal.This well-managed asset reflects pride of ownership and long-term care, making it an ideal turnkey addition to any investment portfolio. With strong fundamentals, desirable location, and steady income, 279 Lauder Ave is positioned for continued tenant demand and future growth.

Location Description

St. Clair Ave W and Dufferin St

Property Details

• Community: Oakwood Village
• Property Type: Tenant/Residential Freehold
• Bedrooms: 6
• Bath: 4
• Garages: None

Building Features

• Foundation Type: Unknown
• Construction Material: Brick
• Total Parking Space: 2

Features

• Heating: Heat Pump Electric
• Sewer: Sewer ,

Media