Welcome to this fully vacant legal triplex located in the one of Toronto's most sought after neighborhood, steps to Wallace Emerson Park and Community Center. Just minutes from downtown Toronto and High Park this property presents a rare chance for investors to set their own rents at market value and immediately maximize ROI. The building features three self contained units each full of potential to attract quality tenants in one of Toronto most vibrant and thriving rental markets. With no existing leases in place new owners benefit from the unique flexibility to renovate, redesign, or lease as is at today's market rents. Perfectly situated this triplexes mere steps from public transit making commuting and connectivity seamless. This neighborhood is known for its lively mix of shopping, dining and entertainment as well as its close proximity to Wallace Emerson Park and Community Center and top rated schools all within walking distance ensuring strong long term tenant demand. Whether you're looking to diversify your portfolio, generate stable rental income, or take advantage of Toronto's steady appreciation, this property checks all the boxes. Each suite has private access, two bedrooms and one bathroom. One parking spot in rear. Hot water tank is owned. Seller is an RREA.
Property Type:
Residential Freehold
Property Sub Type:
Triplex
Home Style:
2-Storey
Total Approx Floor Area:
1500-2000
Depth:
45'13.7 m
Frontage:
25'7.62 m
Direction Faces:
West
Bedrooms:
4+2
Bathrooms:
3.0
Water supply:
Municipal
Kitchens:
3
Kitchens in Basement:
1
Bedrooms Above Grade:
4
Bedrooms Below Grade:
2
Kitchens Above Grade:
2
Rooms Above Grade:
10
Rooms Below Grade:
4
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Concrete
Roof:
Flat
Basement:
Separate Entrance, Finished
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
Available
Parking Spaces:
1
Total Parking Spaces:
1.0
Family Room:
No
Pool:
None
HST Applicable To Sale Price:
Included In
Assessment Year:
2024
Taxes:
$4,764 /
2024
Assessment:
$- /
2024
Toronto W02
Dovercourt-Wallace Emerson-Junction
Toronto
Hospital, Park, Public Transit, Rec./Commun.Centre, School
Carpet Free, Sump Pump
Existing appliances including three fridges, three gas stoves all window coverings, all electric light fixtures, hot water tank
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