Overview
|Description
Turn-key triplex investment opportunity delivering strong, immediate cash flow in a high-demand rental area. Generating $6,500/month with a 7.2% cap rate, this fully leased property offers a well-balanced unit mix: a one-bedroom main floor unit ($1,850), a two-bedroom main floor unit ($2,450), and a two-bedroom basement unit ($2,200). The property features ample on-site parking with a spacious multi-car driveway, along with a recently installed gate that enhances privacy and creates a quiet, secure environment. A separate entrance provides convenient access to the units, adding to tenant appeal and functionality. Ideally located near popular restaurants, grocery stores, schools, and with public transit directly at the doorstep, this property offers both stability and long-term growth potential. A rare, income-generating asset positioned for investors seeking reliable returns.
Additional Details
- Roof: Asphalt Shingle
- Sewer: Sewer
- Cooling: Central Air
- County: Toronto
- Property Type: Residential
- Pool: None
- Parking: Private Double,Lane
- Architectural Style: 1 Storey/Apt
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