Property type
Triplex
Lot size
N/A
Style
2 1/2 Storey
Approx. Area
N/A
Room Type | Dimension (length x width) | Features | Level |
---|---|---|---|
Living Room | 4 x 3.43 m | Hardwood Floor, Bay Window, Fireplace | Main |
Bedroom | 4 x 3.43 m | Hardwood Floor, Coffered Ceiling(s) | Main |
Bedroom | 3.2 x 3.7 m | Hardwood Floor, 3 Pc Ensuite, Window | Main |
Kitchen | 2.8 x 2.8 m | Ceramic Floor, Granite Counters | Main |
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)
Last updated
2 days ago
Virtual tour
None
Basement information
Separate Entrance, Apartment
Building size
--
Status
In-Active
Property sub type
Triplex
Maintenance fee
$N/A
Year built
2024
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