1039 Bathurst St - Apartments FOR SALE


Toronto, ON M5R 3G8- University/Annex
$2,150,000 CAD
416-815-2390
1039 Bathurst St, Toronto, ON for Sale
$2,150,000 CAD
Apartments - FOR SALE
1/2
null | Request Cap Rate

1039 Bathurst St
Toronto, ON M5R 3G8
University/Annex


HIGHLIGHTS

  • Located 2.5 km South from the University of Toronto and 4.1 km South from Toronto Metropolitan University.
  • Located 0.9 km North from George Brown College.
  • 96 walk score, 94 transit score, and 88 bike score.

OVERVIEW

1039 Bathurst Street is a fully renovated semi-detached, 3-storey brick Victorian home located in the heart of The Annex. Originally constructed in 1910, the property is situated on a 1,485 sq. ft. lot and was comprehensively modernized in 2018 to create a boutique multi-residential asset. The building now contains 12 compact bachelor suites, reconfigured from its original three-unit layout. The unit mix includes four suites in the basement, three on the main floor, three on the second floor, and two on the third floor. Each suite offers a combined living/sleeping area, kitchenette, and a 3- piece washroom. Select basement units are equipped with Murphy beds, while third-floor suites feature sloped ceilings and private rooftop deck access. The property is accessible through five separate exterior entrances, including a newly constructed stairwell. Each unit is finished with durable engineered laminate or ceramic tile flooring, freshly painted drywall, modern cabinetry, and compact under-counter refrigerators. The property also incorporates a range of energy-efficient upgrades, including low-flow toilets and showerheads, helping to reduce utility consumption and support long-term operational efficiency. Located in The Annex, 1039 Bathurst Street offers excellent transit connectivity and walkability in one of Toronto’s most accessible neighbourhoods. The property is an 8-minute walk to Bathurst Subway Station, providing direct access across the Bloor-Danforth corridor, and is also served by the 511 Bathurst TTC streetcar, running north-south. The immediate area is highly walkable, with local services, grocery stores, and retail amenities all easily accessible, supporting strong tenant appeal. 1039 Bathurst has easy access to the downtown core and multiple postsecondary school campuses. The 3 institutions combined have over 120,000 students enrolled.

FOR SALE DETAILS

PRICE

$2,150,000 CAD

PRICE/SF

$358 CAD /SF

# OF UNITS

12

PRICE/UNIT

$179,167

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,485 SF

ZONING

R (d1.0) (x900)

APN/PARCEL ID

190405147002200

ASK ABOUT THIS PROPERTY

416-815-2390

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416-815-2390

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