Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

316 SOMERSET Street E, Lower Town - Sandy Hill, ON K1N 6W3 (Blackburn Ave.)
$ 2899900 - MLS : X13433890

From Our Gallery

Description

Prime mixed-use asset in sought-after Sandy Hill. Offering four spacious four-bedroom residential units and a ground-floor commercial space, this income-producing property combines strong tenant appeal with the flexibility of multiple revenue streams. Each unit features separate hydro meters, in-suite laundry, stainless steel appliances, air conditioning, and bright contemporary living spaces. Six covered bicycle spaces enhance convenience, while the central location-steps to shops, restaurants, schools, and transit-ensures enduring rental demand and long-term investment potential. Net Income $131,694.36/2025

Location Description

Blackburn Ave.

Property Detail

Community: 4004 - Sandy Hill
Property Type: Tenant/Residential Freehold
Bedrooms: 16
Garages: Other
Annual Property Taxes : $ 22710.13

Lot dimensions: sqft
Baths:

Facts and Features

Foundation Type: Concrete
Counstruction Material : Other
Total Parking Space : 2
Parking Type : Other

Amenities

Heating : Forced AirGas
Sewer : Sewer ,

Listing Contracted With: EXP REALTY

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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