About 1186 Bay Street
Solid mixed-use building in Rosebank, full brick, 2 family and 1 store, and a full basement. 1st floor consists of commercial space in front and a spacious 1-bedroom apartment in the rear that connects to the backyard. 2nd floor is a renovated 3 bedroom 2 full baths apartment currently occupied by paying tenants at market rent. The building is 25x52, lot is 25x100, annual property tax is $5,517 only. Separate utilities, heavy foot traffic, a projected $90,000 annual rent roll, or an 8% cap rate. Excellent for both end users or increment.
