Rare Toronto home right on Queen Street drops its asking price by $1 million Toronto RealEstate
that the building would make a great hotel transformation for those owners who don't want to play landlord, or could even be razed for condos by someone with the funds.
The next owner would rake in $8,800 per month in rental profit if they left the building as-is. Photo fromThe description also starts off with the big selling feature here: the fact that the price of the site was just slashed by more than 25 per cent — more than a million dollars — and it is now going for $2,888,800.
The listing notes that the property would be perfect for a hotel or even a new condo building for those who don't want to be a landlord. Photo fromSignificant price reductions are becoming more common in the region as the number of real estate sales
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