252 Annette Street, Toronto, ON M6P 1R1

Property Description

Impressive Trophy Multifamily Property! Offering an assumable CMHC mortgage with an extremely low interest rate, maturing August 2031! Newly developed in 2026, this income-producing multiplex in Toronto's desirable High Park North/Junction neighbourhood offers an attractive 5.1% cap rate! Featuring six municipally approved residential units plus two additional potential basement suites. All units have been recently leased at current market rental rates, providing immediate income without legacy below-market tenancies. Designed with energy efficiency in mind, featuring modern finishes, new appliances, air conditioning, and on-site laundry. Includes three parking spaces and boasts an impressive 92 Walk Score! Steps from vibrant shops, restaurants, parks, and transit, with easy access to High Park, Bloor West Village, TTC subway stations, GO Transit, and UP Express. A rare opportunity to acquire a modern, income-producing investment in a prime Toronto location!