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This great investment property has been fully renovated and includes 2 buildings and a parking lot all on one lot zoned MU.  191 UniversitÃ© includes 6 units, two 1 bedroom, two 2 bedrooms and 2 main floor commercial units.  197 UniversitÃ© is a stand alone building currently optimized for a medical clinic but could easily be adaptable for a wide range of professional uses, including Law or Accounting Firms Specialized Medical Practitioners (Physiotherapy, Dental, etc.), Creative Agencies or Tech Startups.  Situated on UniversitÃ© avenue, these buildings benefit from high visibility and foot traffic. The location is a magnet for both commercial tenants seeking professional exposure and residential tenants wanting proximity to the University, local hospitals, and the downtown core. The synergy of the neighborhood ensures a low vacancy rate and consistent demand across all unit types.  As the UniversitÃ© corridor continues to develop, property values in this specific pocket are projected to see steady growth. The high-quality renovation ensures that the property will remain competitive in the rental market for decades to come, commanding top-tier rents in any economy. (id:31684)

Home Details for 191-197 UniversitÃ© Avenue

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