369 Glendale Avenue, St. - Sold for $570,000 | Modern Solution Realty

369 Glendale Avenue, St.

369 Glendale Avenue in St. - 4 bedroom, 3 bathroom. Sold for $570,000. Listed at $593,000.

This well-maintained low-rise residential building offers a strong unit mix of one- and two-bedroom suites, all operated on an all-inclusive basis. The property has seen targeted capital improvements over time, including electrical service upgrades, select exterior improvements, and enhancements to the lower-level heating system, supporting efficient and reliable operations.Offered at under $200,000 per unit, the asset represents an attractive near-7% capitalization rate, providing immediate cash flow with limited management complexity. Situated on a large lot along a busy, high-visibility corridor in a core, near-downtown location, the property also benefits from future upside potential, including the possibility of an ADU addition or longer-term redevelopment, subject to municipal approvals.The vendor is motivated and has identified preferred walkthrough and offering timelines. Please contact your agent for further details.

Property Details

  • Property Type: Mortgage
  • Style: 1 Storey/Apt
  • Square Footage: 1750 sqft
  • Basement: None
  • Heating: Gas
  • Cooling: None
  • Parking: 6 spaces
  • Property Taxes: $3,744/yr
  • Neighbourhood: 455 - Secord Woods
  • Postal Code: L2T 1B9

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