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$1,888,000
Est. payment /mo
6 Beds
3 Baths
1,100 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,100 sqft
Price per Sqft $1,716
Subdivision Kensington-Chinatown
MLS® Listing ID C12334833
Bedrooms 6
Source Toronto Regional Real Estate Board
Property 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. (id:24570)
Location
Province ON
Rooms
Kitchen 3.0
Extra Room 1 Second level 3.5 m X 3.05 m Living room
Extra Room 2 Second level 2.5 m X 2 m Kitchen
Extra Room 3 Second level 2.3 m X 3.25 m Bedroom
Extra Room 4 Second level 2.1 m X 2.9 m Bedroom
Extra Room 5 Basement 3.7 m X 4 m Bedroom
Extra Room 6 Basement 3.7 m X 4 m Bedroom
Interior
Heating Baseboard heaters
Cooling Window air conditioner
Flooring Ceramic, Laminate
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 2
Private Pool No
Building
Story 2
Sewer Sanitary sewer