Toronto W03 M6E 3P4 Ontario
MLS: W12165035
Added 11 days ago | For Sale
Listed by: ELEVATE REALTY INC.
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)
| Level | Type | Features | Dimensions |
|---|---|---|---|
| Main | Living Room | Hardwood Floor, Bay Window, Fireplace | 13 ft, 1 in x 11 ft, 3 in |
| Bedroom | Hardwood Floor, Coffered Ceiling(s) | 13 ft, 1 in x 11 ft, 3 in | |
| Bedroom | Hardwood Floor, 3 Pc Ensuite, Window | 10 ft, 6 in x 12 ft, 2 in | |
| Kitchen | Ceramic Floor, Granite Counters | 9 ft, 2 in x 9 ft, 2 in | |
| Second | Living Room | Window, Ceramic Floor | 9 ft, 10 in x 7 ft, 10 in |
| Kitchen | Breakfast Bar, Ceramic Floor | 8 ft, 6 in x 6 ft, 7 in | |
| Bedroom | 4 Pc Ensuite, Laminate | 17 ft, 5 in x 13 ft, 1 in | |
| Bedroom | 3 Pc Ensuite, Laminate | 10 ft, 10 in x 11 ft, 2 in | |
| Third | Kitchen | Window, Ceramic Floor | 10 ft, 10 in x 10 ft, 10 in |
| Bedroom | Window | 13 ft, 9 in x 8 ft, 10 in | |
| Bedroom | Window | 11 ft, 10 in x 8 ft, 10 in | |
| Basement | Dining Room | 3 Pc Bath, Laminate, Eat-in Kitchen | 9 ft, 3 in x 10 ft, 5 in |
No property rooms available.
