29 Elm Grove Avenue

Unlock unmatched value in South Parkdale with this cash-flowing triplex an exceptional opportunity to own a strong income-generating asset in one of Toronto's most dynamic up-and-coming neighbourhoods. Welcome to this beautifully updated circa 1885 Victorian triplex, situated on one of the most desirable streets in South Parkdale. This stunning property features three self-contained units, each equipped with private ensuite laundry for maximum convenience. The main floor boasts a charming 600 sq ft one-bedroom unit with a walk out to a lovely urban garden. Ascend to the second and third floors to discover a spacious two-bedroom 1240 sq ft unit, thoughtfully designed over two levels, offering ample space for comfortable living. Additionally, the fully renovated 700 sq ft basement apartment features radiant heated floors, ensuring warmth and comfort year-round. The above-grade units are flooded with natural light, showcasing impressive soaring ceilings and over 2,000 sq. ft. of luxurious living space. Significant investment was made in 2022 to enhance the property's value and functionality, including new electrical systems, upgraded plumbing, a modern heating system, new Pella windows, and fully remodelled kitchens and bathrooms in both the basement and second-floor units. This triplex not only offers a unique opportunity for investors or multi-generational families but also embodies character, elegance, and modern living; all in a vibrant community. Don't miss your chance to own a piece of South Parkdale's rich history with all the modern conveniences you desire and a earn a 6%+ cap rate to boot!