
Toronto, ON
AI summary
Coming soon
The offering presents the opportunity to acquire a 100 percent freehold interest in 34 Noble Street, Toronto, Ontario (The "property" or the "site"). The property offers investors a compelling opportunity to acquire an 18-unit hard loft style apartment building in Toronto's Queen West Neighbourhood. The property has undergone significant capital investment under current ownership, with 12 of 18 suites fully renovated to a high standard and an additional 2 suites partially renovated. In-place rents on the renovated stock have held firm despite broader softness in the Toronto rental market, and the remaining 4 unrenovated suites provide a clear path to continued NOI growth as units turn. The building's authentic hard loft character - exposed brick, timber post-and-beam construction, and over…
Estimated payment. Does not include property tax, insurance, or condo fees.