Seize this extremely rare opportunity to own a turn-key rental property just a short walk from the GO Station and Bayfront Park. This beautifully renovated triplex boasts three self-contained units, each with dedicated entrances and separate laundry facilities. With a robust 200 amp service, the property promises reliability and efficiency. Currently fully tenanted with A++ tenants, the units generate impressive monthly rental incomes: Unit 1: $2,500 Unit 3: $1,750. Unit 2 tenant is moving out and vacant possession will be available. Buyer can move in or set rental to $1,900. With a gross annual income of $73,800 and an impressive cap rate of 5.40%, this property not only offers excellent cash flow but also peace of mind with quality tenants in place. Dont miss out on this exceptional investment opportunity! Please see financial attachment attached on listing to see full breakdown (id:47423)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Bedrooms
5
Bathrooms
2
Lot
50 x 109 ft
Amenities Nearby
Marina, Park, Public Transit
Features
Sump Pump
Listing Contract Date
2025-01-21
Location Description
York Blvd & Crooks St.
Ownership Type
Freehold
# of Parking Spaces
10
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
RES
Building
Appliances
Garage door opener
Basement Development
Finished
Basement Type
Full (Finished)
Cooling Type
Central air conditioning
Exterior Finish
Aluminum siding, Brick
Foundation Type
Block
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
2.5
Type
Duplex
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Detached Garage
Land
Total Size
under 1/2 acre
Amenities
Marina, Park, Public Transit
Sewer
Municipal sewage system
Terms of Use
Please review and agree to the following terms of use to access the listing content:
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA;
The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy;
This website is operated by a brokerage or salesperson who is a member of CREA;
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
