New ListingExceptional investment opportunity in one of Toronto's most desirable west-end neighbourhoods. This truly LEGAL triplex has been completely rebuilt from the studs, offering a turnkey, income-producing asset with strong rental demand and low maintenance requirements. The property features an ideal unit mix of two one-bedroom apartments on the lower and main levels, along with a spacious three-bedroom upper-level suite, totalling approximately 2212 sq. ft. of rentable area. Each suite is thoughtfully designed with contemporary finishes, a sleek kitchen with stainless steel appliances, in-suite laundry, bright open-concept living spaces, and walkout access to a private deck or patio. An exceptional opportunity to acquire a fully leased investment property with reliable income and outstanding long-term appreciation potential in one ofToronto's most sought-after rental markets. Leveraged CAP rate of 8.66% with 30% down. Gross Income: $116,400, Expenses $17,750, Net Income $98,650 in year 1. Offering memorandum available. (id:13843)
| MLS # | W14120384 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 7 |
| Listing Provided By | ROYAL LEPAGE REAL ESTATE SERVICES LTD. | IAN WILSON |
| SQ Feet | 2,212 |
|---|---|
| Zoning | R (d.06) (x290) |
| Cooling | Fully air conditioned |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
| Lot Features | Conservation/green belt |
|---|
| Parking Total | 2 |
|---|
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 8601.56 |
|---|
| Province | ON |
|---|---|
| City | Toronto (High Park-Swansea) |
| Postal Code | M6R1J1 |
| Listing VS Median (in M6R1J1) | |
Price: $2,125,000 low | high Med: $2,125,000 sqft: 2,212 low | high Med: 1,856 $ / sqft: $961 low | high Med: $1,189 On site: 7 low | high Med: 7 | |
| Province | ON |
|---|---|
| City | Toronto (High Park-Swansea) |
| Postal Code | M6R1J1 |
| Listing VS Median (in M6R1J1) | |
Price: $2,125,000 low | high Med: $2,125,000 sqft: 2,212 low | high Med: 1,856 $ / sqft: $961 low | high Med: $1,189 On site: 7 low | high Med: 7 | |