2852 Keele St - Apartments FOR SALE


Toronto, ON M3M 2G7- Downsview
$2,999,000 CAD
416-636-8898
2852 Keele St, Toronto, ON for Sale
$2,999,000 CAD
Apartments - FOR SALE
1/2
null | Request Cap Rate

2852 Keele St
Toronto, ON M3M 2G7
Downsview


HIGHLIGHTS

  • Ample on-site parking is provided with 5 garages and 6 additional surface parking spaces, complemented by convenient laneway access.
  • Additional revenue stream generated through on-site coin-operated laundry facilities.
  • Significant rental upside potential, presenting investors with an opportunity to increase income over time.
  • Recent capital improvements include a new roof, contributing to reduced nearterm maintenance requirements.

OVERVIEW

This well-maintained multi-residential property features a two-storey walk-up design with a lower level, comprising 10 spacious two-bedroom suites and 1 bachelor unit. Recent capital improvements include a new roof, helping to reduce near-term maintenance requirements and enhance long-term durability. The building offers ample on-site parking with 5 garages and 6 surface spaces, supported by convenient rear laneway access. Additional income is generated through on-site coin-operated laundry facilities, while separate metering for hydro, telephone, and cable supports efficient utility management. Residents benefit from well-appointed common areas featuring attractive terrazzo flooring, as well as individual lower-level storage lockers that add practical value. The property has obtained a 2025 fire safety certificate, providing confidence in regulatory compliance. With significant rental upside potential, this asset presents a compelling opportunity for investors to enhance income over time. Ideally situated in a well-established neighborhood, the property enjoys close proximity to York University, Hennick Humber Hospital, public transit, retail amenities, and schools.

FOR SALE DETAILS

PRICE

$2,999,000 CAD

PRICE/SF

$252 CAD /SF

# OF UNITS

11

PRICE/UNIT

$272,636

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

1954

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,887 SF

ZONING

CR

APN/PARCEL ID

190803241004100

ASK ABOUT THIS PROPERTY

Michael SaperiaThe Behar Group Realty Inc.More Info
416-636-8898

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Michael SaperiaThe Behar Group Realty Inc.More Info
416-636-8898

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.