This highly-maintained, purpose-built triplex in Toronto's high-demand Long Branch neighbourhood a strategic investment offering immediate cash flow, significant appreciation potential, and minimal management hassle. This turnkey property boasts an exceptional location steps from Humber College's steady tenant pool and mere minutes to Lake Ontario & Colonel Sam Smith Park, ensuring premium rents and high tenant retention. The 2,655 sq ft triplex features three pristine, self-contained suites: two spacious 2-bedroom units currently generating reliable month-to-month income, and one bright vacant 1-bedroom unit ready for immediate rental or owner occupancy, maximizing your yield from day one. Ownership costs are streamlined as tenants cover their own utilities. Unparalleled walkability (3-5 minutes to restaurants, shopping, medical services; 5-10 minutes to Humber College) guarantees strong rental fundamentals. Critically, significant untapped equity exists with the highly lucrative possibility to construct an additional Lane Way/Garden Suite, dramatically boosting rental income and property value. This asset combines dependable current cash flow from a desirable location with a clear, high-impact path to substantially enhanced future returns through development, making it a standout opportunity in Toronto's thriving rental market. |
Price | $1,299,999 |
Taxes: | $4723.00 |
Occupancy: | Tenant |
Address: | 8 Nineteenth Stre , Toronto, M8V 3L3, Toronto |
Directions/Cross Streets: | Lakeshore Blvd & Kipling |
Rooms: | 10 |
Rooms +: | 4 |
Bedrooms: | 4 |
Bedrooms +: | 1 |
Family Room: | T |
Basement: | Apartment |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 4 | Lower |
Washroom Type 2 | 4 | Main |
Washroom Type 3 | 4 | Second |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 | |
Washroom Type 6 | 4 | Lower |
Washroom Type 7 | 4 | Main |
Washroom Type 8 | 4 | Second |
Washroom Type 9 | 0 | |
Washroom Type 10 | 0 |
Total Area: | 0.00 |
Approximatly Age: | 31-50 |
Property Type: | Triplex |
Style: | 2 1/2 Storey |
Exterior: | Brick, Brick Front |
Garage Type: | Detached |
(Parking/)Drive: | Mutual, Pr |
Drive Parking Spaces: | 3 |
Park #1 | |
Parking Type: | Mutual, Pr |
Park #2 | |
Parking Type: | Mutual |
Park #3 | |
Parking Type: | Private |
Pool: | None |
Approximatly Age: | 31-50 |
Approximatly Square Footage: | 1500-2000 |
Property Features: | School, Park |
CAC Included: | N |
Water Included: | N |
Cabel TV Included: | N |
Common Elements Included: | N |
Heat Included: | N |
Parking Included: | N |
Condo Tax Included: | N |
Building Insurance Included: | N |
Fireplace/Stove: | N |
Heat Type: | Radiant |
Central Air Conditioning: | Window Unit |
Central Vac: | N |
Laundry Level: | Syste |
Ensuite Laundry: | F |
Elevator Lift: | False |
Sewers: | Sewer |
Utilities-Hydro: | Y |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RE/MAX DASH REALTY |
|
Book Showing | Email a Friend |
Type: | Freehold - Triplex |
Area: | Toronto |
Municipality: | Toronto W06 |
Neighbourhood: | New Toronto |
Style: | 2 1/2 Storey |
Approximate Age: | 31-50 |
Tax: | $4,723 |
Beds: | 4+1 |
Baths: | 3 |
Fireplace: | N |
Pool: | None |