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Toronto W06,ON M8V 3L3
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision New Toronto
MLS Listing ID W12034072
Style 2 1/2 Storey
Bedrooms 5
Building Age 31-50
Annual Tax Amount $4,723
Tax Year 2025
Property Sub-Type Triplex
Property Description
This highly-maintained, purpose-built triplex in Toronto's high-demand Long Branch neighbourhood a strategic investment offering immediate cash flow, significant appreciation potential, and minimal management hassle. This turnkey property boasts an exceptional location steps from Humber College's steady tenant pool and mere minutes to Lake Ontario & Colonel Sam Smith Park, ensuring premium rents and high tenant retention. The 2,655 sq ft triplex features three pristine, self-contained suites: two spacious 2-bedroom units currently generating reliable month-to-month income, and one bright vacant 1-bedroom unit ready for immediate rental or owner occupancy, maximizing your yield from day one. Ownership costs are streamlined as tenants cover their own utilities. Unparalleled walkability (3-5 minutes to restaurants, shopping, medical services; 5-10 minutes to Humber College) guarantees strong rental fundamentals. Critically, significant untapped equity exists with the highly lucrative possibility to construct an additional Lane Way/Garden Suite, dramatically boosting rental income and property value. This asset combines dependable current cash flow from a desirable location with a clear, high-impact path to substantially enhanced future returns through development, making it a standout opportunity in Toronto's thriving rental market.
Location
Province ON
County Toronto
Community New Toronto
Area Toronto
Rooms
Family Room Yes
Basement Apartment
Kitchen 3
Separate Den/Office 1
Interior
Interior Features Other
Cooling Window Unit(s)
Fireplace No
Heat Source Gas
Exterior
Exterior Feature Canopy
Parking Features Mutual,Private,Available
Garage Spaces 2.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 30.04
Lot Depth 119.11
Total Parking Spaces 4
Building
Unit Features School,Park,Public Transit,Beach
Foundation Concrete
Others
Security Features Carbon Monoxide Detectors,Smoke Detector