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  • Key Facts
  • Description
  • Rooms
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Key Facts

Type Triplex
Levels Residential
Size -
Garage No
Taxes $5,315
Days Active 27
Lot Size 
Approx. Age 
MLS® Number W12165035

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey Cash Flow With Laneway Bonus... This Is The One Youve Been Waiting For! A Stunning, Massive, Character-Rich Triplex In Prime Corso Italia, Operating As 4 Self-Contained Units Across 2.5 Storeys. Over 3200sf of Living Space! All Fully Tenanted And Generating A Rock-Solid $8, 540/Month In Gross Rent. Turnkey 5.8% Cap Rate w/ Big Upside Potential On Rents. This Property Delivers Function, Income, And Flexibility In Spades. Commitee Approved Laneway Suite, Just Get Your Permit & Build, This Is A Rare Opportunity To Push The Property Into CMHC Mutlifamily Financing For Some Big Value Lift & Strong Financing. Each Unit Has Been Well Maintained With Modern Touches While Retaining The Buildings Original Charm. High Ceilings, Large Windows, And That Classic Toronto Brick Aesthetic. This Is A Perfect Option For Investors Seeking Cash Flow From Day One With The Bonus Of Strategic Upside Through Repositioning Or Redevelopment. Whether You Hold As-Is Or Upgrade Over Time, This Is A Beautiful Building With Solid Bones And Serious Potential. New Roof (2024)Show Description
MLS® NumberW12165035
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
BasementSeparate Entrance, Apartment
DrivewayGarage Type:None
Garage Spaces
HeatGas, Radiant
A/CNone
Heating Fuel

Extras

Rooms

Show Details
Kitchen:Third10.83 × 10.83 ft

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