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$ 2,199,000
Est. payment | /mo
5 Beds
4 Baths
$ 2,199,000
Est. payment | /mo
5 Beds
4 Baths
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500 - 2000
Subdivision High Park-Swansea
MLS® Listing ID W13786876
Bedrooms 5
Property Description
Exceptional investment opportunity in one of Toronto's most desirable west-end neighbourhoods. This truly LEGAL triplex has been completely rebuilt, 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 main and lower levels, along with a spacious three-bedroom upper-level suite, totalling approximately 2,212 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 of Toronto's mostsought-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:24570)
Location
Province ON
Rooms
Kitchen 3.0
Extra Room 1 Second level 4.47 m X 7.04 m Living room
Extra Room 2 Second level 4.47 m X 7.04 m Dining room
Extra Room 3 Second level 4.47 m X 7.04 m Kitchen
Extra Room 4 Second level 4.25 m X 3.59 m Bedroom
Extra Room 5 Second level 2.35 m X 1.01 m Pantry
Extra Room 6 Third level 3.24 m X 3.29 m Bedroom
Interior
Heating Forced air
Cooling Central air conditioning
Flooring Hardwood
Exterior
Parking Features No
Fence Fully Fenced
View Y/N No
Attached Garage No
Total Parking Spaces 2
Garage No
Private Pool No
Building
Story 2.5
Sewer Sanitary sewer
Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
NEARBY SCHOOLS & PROPERTIES
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Franco Maione
Real Broker