8 Albert Ave, RETROFITTED 9-PLEX APARTMENT BLDG.
8 Albert Ave   Sold: $800,000 For Sale
Toronto, Ontario M8V2L4   Dist: W06 Map: 119-9-T List: $830,000 For Sale
Sold Area: 6890 Sq Ft Sale 96% List
Dir/Cross St: Lakeshore - Parklawn DOM: 105 Last Status: Sld
Pcl 326-1 Sec M77; Lot 326, Plan M77 Taxes: $16,127/2003/Annual
Investment Investment Lease Term:  
Multiplex Freestanding: Y Holdover: 180
Apts-6 To 12 Plex Occup: Tenant SPIS: Y
Possession: 30 Days/Tba Franchise:  
MLS#: W382968    LEGAL NINE PLEX RESIDENTIAL APARTMENT
PIN#: 076250180
Total Area: 6,890 Sq Ft
Ofc/Apt Area:  
Indust Area:  
Retail Area:  
Apx Age: 31-50
Volts: 220
Amps: 200
Zoning: Res
Truck Level:  
Grade Level:  
Drive-In:  
Double Man:  
Clear Height:  
Sprinklers: N
Heat: Gas Hot Water
Survey:  
Lot/Bldg/
Unit/Dim:
50X180 Feet Lot
 
Lot Irreg: Level, Private Drive
Crane:  
Bay Size:  
%Bldg:  
Washrooms:  
Water: Municipal
Water Supply:  
Sewers:  
A/C: N
Utilities: Y
Garage Type: Outside/Surface
Park Spaces: 11
   
   
Soil Test:  
Outside Storage:  
Rail:  
Basement: Y
Elevator:  
UFFI: No
Assessment:  
Chattels:  
LLBO:  
Days Open:  
Hours Open:  
Employees:  
Seats:  
Bus/Bldg Name: 9 Plex - Apartment Building For Year: 2003 Financial Statement: Y
Actual/Estimated: Act
Taxes: $16,127 Heat: $5,694 Gross Inc/Sales: $82,057 Est Value Inv At Cost:  
Insur: $3,185 Hydro: $534 - Vacancy Allow:   Com Area Upcharge:  
Mgmt:   Water: $1,621 - Operating Exp:   Percentage Rent:  
Maint:   Other:   = Net Income B4 Debt: $54,896    
Legal, Retrofitted 9-Plex With 7-1Bdrm + 2-2Bdrm Units, Includes 6 Balconies & 11 Car Parking. Gross Income: $82,057. Tenants Pay Own Hydro (Fabulous South Etob Locale Near Lake, Streetcar & Lakeshore Shops. Bldg. Of Best Quality Construction Is In Tip-Top Clean Condition!
9 Stoves, 9 Fridges, 1 Coin-Op. Washer & Dryer, New Hi-Eff. Gas Boiler In 2002, Ghwt(O), Newer Windows & Roof, Terrazo Floors, Oak Floor, Plaster Walls & Ceilings, Intercom W/Remote Door Entry, Elf, Smoke/Fire Detectors, 10 Hydro Meters.
Call L/A For Digital Photos Of 2Br Unit 9. Can Now Show Common Areas Of Bldg. Do Not Disturb Tenants. Fully Rented, Retro-Fit Complete - Certificates Avail.
Mortgage Other Encumbrances
Amt: $440,556 Int%: 7.95 Amt:   Int%  
Payment: $3,496.12 Incl: Pi Payment:   Incl:  
Freq: Monthly Maturity Date: 1/5/2006 Freq:   Maturity Date:  
Lender: Equitable Trust Com. Lender:  
1st Mtge. Must Be Assumed! Vtb 2nd Mtge., With Same Maturity Possible W/25% Down
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LISTED and SOLD BY RANDY YETMAN, closed June 2004.

Toronto Real Estate Board (TREB) assumes no responsibility for the accuracy of any information shown. Copyright TREB 2001