Toronto apartment building just dropped its asking price by $1.5 million

Toronto apartment building just dropped its asking price by $1.5 million Toronto TorontoRealEstate RealEstate

The two-storey building is relatively unassuming at first glance, but don't let the quaintness fool you. This property is fit for royalty!One of the units with exposed brick and a fireplace in the living room.

And even if Prince Arthur didn't once own the building it's still, as Balikoti puts it,"the ultimate investment property."The low-rise building boasts 13 bedrooms and 12 bathrooms spread out through 10 units, including an owner suite that offers three bedrooms and two bathrooms.The units have all been renovated and updated over the years as well as have the potential to generate a 5 per cent or more cap rate.

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