Size
-
Lot size
3159 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$600 - $750
Taxes
$5,314.59 (2024)
Parking Type
-
Style
2 1/2 Storey
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Description
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)
Broker: ELEVATE REALTY INC.
MLS®#: W12165035
Property details
Parking:
4
Parking type:
-
Property type:
Triplex
Heating type:
Radiant
Style:
2 1/2 Storey
MLS Size:
2000-2500 sqft
Lot front:
30 Ft
Lot depth:
105 Ft
Listed on:
May 22, 2025
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Rooms
| Level | Name | Size | Features |
|---|---|---|---|
Main | Bedroom | 13.1 x 11.3 ft | |
Basement | Dining Room | 9.3 x 10.4 ft | |
Main | Bedroom | 10.5 x 12.1 ft |
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Instant estimate:
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$57,323
lower than listed pricei
High
$1,494,023
Mid
$1,442,577
Low
$1,369,992
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