Discover a rare opportunity to own a spacious detached duplex featuring three fully self-contained units in a rapidly growing Toronto neighbourhood. Undergoing new significant new housing developments. Live in one unit and rent the others or maximize your passive income with all units leased. Unit Breakdown: Two 4-bedroom, 2-bath apartments + one 5-bedroom, 2-bath apartment. Separate entrances, emergency exits, coin laundry, pot lighting throughout, meticulously maintained. Generating $16,000+ monthly gross income with $1,500 average monthly expenses. Strong ~7% cap rate reflecting solid returns and growth potential. Suitable for whole apartment rentals, room rentals, or short-term Airbnb leasing. Steps from Caledonia LRT, FreshCo, No Frills, Shoppers, restaurants, shops, schools, and 24-hour TTC access. Ideal for local and international investors seeking a turnkey, high-yield asset in a prime Toronto location with multiple income streams and low maintenance. Potential to build a garden suite; overnight permit parking available. Rent roll, expense details, and survey available upon request.
As the MLS and public records start to fill up, we'll list the details here.
Public record
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Last updated by owner on Aug 9, 2023.
Property details
Public facts
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Style: Single Family Residential
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Home facts updated by public records on Aug 9, 2023
Around this home
Schools
0.5km
Fairbank Memorial Community School
Public, JK-5 • Assigned
1.4km
York Memorial Collegiate Institute
Public, 9-12 • Assigned
Provided by Local Logic
Lifestyle
Provided by Walk Score and Local Logic
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