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Description
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.
Overview
Property ID:
HML-793000803778
Type:
Triplex
Bedrooms:
6
Bathrooms:
3
Square:
1,300 ft2
Price:
$1,888,000
PropertyType:
Residential Freehold
TransactionType:
For Sale
BuildingAreaUnits:
Square Feet
Cooling:
Window Unit(s)
Heating:
Baseboard
ParkingFeatures:
None
YearBuilt:
Unknown
TaxAnnualAmount:
6995.53
PossessionDetails:
TBD
Contact Agency
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