Colliers is pleased to be the exclusive representatives for the sale of 149 St.George Street located in Toronto, Ontario. The property is comprised of 48 suites - in bachelor and one-bedroom configurations. Situated in the Annex, the property is conveniently located steps away from the St. George subway station and numerous other amenities. The property has been professionally managed, well maintained and is positioned accordingly in the local rental market. The strength of the rental market in recent years has revealed a substantial revenue upside opportunity. Rents have the potential to increase dramatically upon tenant turnover and match the prevailing market standard in the area.
149 St. George Street is offered for sale individually or as a portfolio with 41 Dundonald Street (101 suites). The Portfolio offers investors a rare opportunity to acquire 149 suites located in two of Toronto's most coveted neighbourhoods.
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- 149 St. George Street