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:35544)
| MLS® Number | C12334833 |
| Property Type | Multi-family |
| Community Name | Kensington-Chinatown |
| Features | Carpet Free |
| ParkingSpaceTotal | 2 |
| BathroomTotal | 3 |
| BedroomsAboveGround | 6 |
| BedroomsTotal | 6 |
| Amenities | Separate Electricity Meters |
| Appliances | Water Meter, All, Furniture |
| BasementFeatures | Separate Entrance, Walk-up |
| BasementType | N/a |
| CoolingType | Window Air Conditioner |
| ExteriorFinish | Brick |
| FlooringType | Ceramic, Laminate |
| FoundationType | Brick |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters |
| StoriesTotal | 2 |
| SizeInterior | 1100 - 1500 Sqft |
| Type | Triplex |
| UtilityWater | Municipal Water |
| No Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 80 Ft ,1 In |
| SizeFrontage | 16 Ft ,8 In |
| SizeIrregular | 16.7 X 80.1 Ft |
| SizeTotalText | 16.7 X 80.1 Ft |
| ZoningDescription | Commercial Residential (cr) |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Living Room | 3.5 m | 3.05 m | 3.5 m x 3.05 m |
| Second Level | Kitchen | 2.5 m | 2 m | 2.5 m x 2 m |
| Second Level | Bedroom | 2.3 m | 3.25 m | 2.3 m x 3.25 m |
| Second Level | Bedroom | 2.1 m | 2.9 m | 2.1 m x 2.9 m |
| Basement | Bedroom | 3.7 m | 4 m | 3.7 m x 4 m |
| Basement | Bedroom | 3.7 m | 4 m | 3.7 m x 4 m |
| Basement | Kitchen | 3 m | 3.75 m | 3 m x 3.75 m |
| Basement | Living Room | 3.7 m | 4 m | 3.7 m x 4 m |
| Main Level | Living Room | 2.75 m | 3 m | 2.75 m x 3 m |
| Main Level | Kitchen | 2.5 m | 2 m | 2.5 m x 2 m |
| Main Level | Bedroom | 2.15 m | 3.1 m | 2.15 m x 3.1 m |
| Main Level | Bedroom | 2.3 m | 3 m | 2.3 m x 3 m |
| Cable | Available |
| Electricity | Available |
| Sewer | Available |
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)