Exceptional investment opportunity in one of Toronto's most desirable west-end neighbourhoods. This truly LEGAL triplex has been completely rebuilt offering a turnkey, income-producing asset with strong rental demand and low maintenance requirements. The property features an ideal unit mix of two one-bedroom apartments on the main and lower levels, along with a spacious three-bedroom upper-level suite, totaling approximately 2,212 sq. ft. of rentable area. Each suite is thoughtfully designed with contemporary finishes, a sleek kitchen with stainless steel appliances, in-suite laundry, bright open-concept living spaces, and walkout access to a private deck or patio. An exceptional opportunity to acquire a fully leased investment property with reliable income and outstanding long-term appreciation potential in one of Toronto's most sought-after rental markets. Leveraged CAP rate of 8.66% with 30% down. Gross Income: $116,400, Expenses $17,750, Net Income: $98,650 in year 1. Offering Memorandum available.
Multi-familyProperty Type
2,131 sq ftLot Size
2 spacesParking
Listed by IAN WILSON• ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Listed by Christopher Mark Chandler• ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Calling all investors or friends and family buying together. Welcome to your dream fully renovated triplex in the highly sought-after Roncesvalles Ave neighbourhood. This fully renovated 2 1/2 storey home offers versatile living with three stunning units each with its own private outdoor space. This property was fully renovated as a complete rebuild from the studs in collaboration with True Design. The main floor 1 bed 1 bath unit boasts a modern, open concept living space with soaring ceilings and a beautiful kitchen featuring a centre island and gas range. The bathroom has heated floors. Custom closets have been installed throughout to maximize storage. The rear living room has easy access to the deck and overlooks the private backyard. Enjoy entertaining with gas BBQ hookup. The second/third floor is a large 1100 sqft 3-bed, 2-bath unit featuring a modern kitchen with centre island, high-end lighting and custom built-in fireplace in the living room. Sliding doors at the back lead to a deck with BBQ hook up and stairs down to the private backyard. The third floor includes two bedrooms, a bathroom, and an office space, with access to a private & spacious rooftop terrace. Both bathrooms have heated floors and marble tiles. The basement is designed to maximize natural light. An outdoor nook is perfect for a caf table & storage. The open-concept living area includes a kitchen, butcher block island, a dishwasher, and stainless-steel appliances. The large kitchen window faces the front, providing ample sunlight. Beyond the main space, theres a 3-piece bathroom, laundry/utility room, and a large bedroom with wall-to-wall closets and a large-sized window. The front of the property is beautifully hardscaped for low maintenance. At the rear, parking for 2 cars is situated off the laneway. Excellent cap rates. Fully renovated, low maintenance home in a fabulous location. Roncesvalles Village is a vibrant neighbourhood w/ charming restos, cafes, & boutiques. Well-connected to public transit & offers easy access to parks, cultural events & excellent schools. Hwy access nearby. The prop generates $116k in gross revenue.
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As the MLS and public records start to fill up, we'll list the details here.