Description
A rare opportunity to purchase this high-performing LEGAL triplex just steps away from the Mount Dennis super transit hub. With an average 8.30% leveraged CAP rate, this fully renovated (gutted to the studs) triplex is an ideal investment to add to any portfolio. This turnkey opportunity offers three two-bedroom units, each spanning 1000 sq ft, each with a private ensuite washer and dryer, brand new appliances and fixtures, large windows with an abundance of natural light, new mechanicals and each unit is separately metered for hydro. The spacious backyard and detached garage offer an excellent potential for a garden suite, creating a rare opportunity to further increase the density and value. With a close proximity to a brand new public school, a nearby catholic school, excellent transit and and neighbourhood shopping, this central location ensures low vacancy and high-calibre tenants.
Overview
Property ID:
W12162812
Type:
Investment
Bathrooms:
3
Square:
3,000 m²
Price:
$1,499,900
PropertyType:
Commercial
TransactionType:
For Sale
BuildingAreaUnits:
Square Feet
Cooling:
Yes
Heating:
Baseboard
ParkingFeatures:
None
YearBuilt:
Unknown
TaxAnnualAmount:
6223.22
PossessionDetails:
TBD
Map
-
AddressToronto W04
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