Attention Investors! Excellent opportunity delivering a 5% cap rate (earn over $9,000 rental income per month). This triplex is located in a great location currently undergoing rapid gentrification in the heart of Kensington-Chinatown! Get in while you still can! 3 separate units with 2 spacious bedrooms in each. Zoned for commercial use as well which makes it suitable for live/work model. Live in one unit and rent out others for steady monthly cash flows! Upgraded kitchen in each unit with quartz counters. Steps to trendy Queen West & Spadina. Only a short walking distance to the future Ontario Line subway station construction underway at Queen & Spadina (completion 2031). Dedicated 2 parking at rear of building.
Property Type:
Residential Freehold
Property Sub Type:
Triplex
Property Attached:
Yes
Home Style:
2-Storey
Total Approx Floor Area:
1100-1500
Depth:
80'1"24.4 m
Frontage:
16'8⅞"5.1 m
Lot Details:
16.74 x 80.07 Feet
Direction Faces:
East
Bedrooms:
6+0
Bathrooms:
3.0
Water supply:
Municipal
Kitchens:
3
Bedrooms Above Grade:
6
Bedrooms Below Grade:
0
Kitchens Above Grade:
3
# Main Level Bedrooms:
0
# Main Level Bathrooms:
0
Rooms Above Grade:
8
Rooms Below Grade:
4
Rooms:
12
Zoning:
Commercial Residential (Cr)
Heating type:
Baseboard
Heating Fuel:
Electric
Cooling:
Yes
Foundation:
Brick
Roof:
Flat
Basement:
Separate Entrance, Walk-Up
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
None
Parking Spaces:
2
Total Parking Spaces:
2.0
Family Room:
No
Possession Details:
TBD
Pool:
None
HST Applicable To Sale Price:
Included In
Development Charges Paid:
Unknown
Taxes:
$6,995.53 /
2024
Assessment:
$- /
-
Toronto C01
Kensington-Chinatown
Toronto
Carpet Free, Separate Hydro Meter
All appliances and ELFs, some furniture in Apt B and Apt C can be included with sale.
Some furniture used for home staging as per MLS photos.
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