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Listed by Royal Lepage Signature Realty.
524 & 5 Palmerston Boulevard is a Multiplex, 3-Storey and is currently for Sale @ $1,999,000. Taxes in 2023 were $18,908.85.
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Discover unmatched potential in this prime location just one block south of Bloor St. The 3-Storey on 524 & 5 Palmerston Boulevard has 9 bedrooms, 10 bathrooms, and is located on a 127.00 x 50.00 ft lot in the community of Palmerston-Little Italy . Surrounded by stately homes, this fully leased 10 Unit building stands as a diamond in the rough, poised to reclaim its position of prominence in this prestigious neighborhood. Nestled on a 50ft corner lot, with long term and new tenants presents a rare opportunity to revitalize a 10-unit gem that was originally two semi-detached homes. While extensive renovations are needed to restore its former grandeur, the potential for high returns is diverse, ranging from property repositioning for rental income growth or innovative redevelopment strategies. Seize the chance to unlock remarkable value from this premium AAA location.
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The address 524 & 5 Palmerston Boulevard was listed for sale (MLS# C8314268) on Tuesday, May 07, 2024.