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Toronto W06, ON M8V 3L3,8 Nineteenth ST
Toronto W06, ON M8V 3L3,8 Nineteenth ST
Toronto W06, ON M8V 3L3,8 Nineteenth ST
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$1,299,999
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5 Beds
3 Baths
Price Dropped by $100K

8 Nineteenth ST Toronto W06, ON M8V 3L3

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Lawrence Ladokun

Lawrence Ladokun

+1(437) 985-3606

UPDATED:

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

Listed by RE/MAX DASH REALTY

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agent
Lawrence Ladokun

Agent

+1(437) 985-3606 | lawrence@lawrenceladokun.ca

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8 Nineteenth ST