$499,000
PRICE
2
BEDROOMS
2
BATHROOMS
C12119766
MLSID
50 Power Street 1510, Toronto
ATTENTION INVESTORS & FIRST-TIME BUYERS! This modern 1+Den at 50 Power St is a cash flow machine , leased for $3,000/month! Priced aggressively at $599,000 to generate interest. Schedule your showing today before it's gone! Currently tenanted at $3,000/month until October 1st, this is a fantastic investment opportunity with immediate rental income. Whether you're an investor looking for steady cash flow or a future end-user, this unit offers incredible value. Enjoy access to premium amenities, including an artists workspace, fitness and yoga studio, event room with a caterers kitchen, meeting room and lounge, games room, outdoor pool, steam rooms, community garden, outdoor grills, and a cozy fireplace. Located in one of Torontos most vibrant neighbourhoods, with TTC at your doorstep. Buyer must assume the existing tenancy until completion on October 1st, 2025. Holding offers until June 20th.
Summary
Address
50 Power Street 1510
City
Community
Street
MLSID
C12119766
Property Type
Condo Apartment
Property Category
Bedrooms
2
Bathrooms
2
Kitchens
1
Taxes (Annual)
$2,682.00
Tax Year
2024
Published
May 2, 2025
Days on Market
52 Days
Possession Type
Flexible
Possession Details
Tenanted Until October 1St
Details
Property Features
Clear View, Hospital, Park, Place Of Worship, Public Transit, Rec./Commun.Centre
Bathroom 1
4-Piece Flat Level
Bathroom 2
3-Piece Flat Level
Parking Features
Underground
Architectural Style
Apartment
Balcony Type
Open
Exposure
East
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
Listing Contracted with STRATA REAL ESTATE