Stunning Triplex located in the Upper Beaches neighbourhood. Tastefully renovated from top to bottom, this property is the definition of a turnkey investment with current potential to generate $6200+/month in rental income. The ground floor boasts a spacious bachelor unit complete with murphy bed, full kitchen, and generous bathroom. The main floor unit has the potential to be converted into a commercial unit for a variety of uses, and includes an additional large storage space. Its clean and modern design is beautifully highlighted by large windows. The second floor unit is ideal for a small family or roommates. Accessible through a private side deck, this 2 bedroom, 2 bathroom unit provides a split bedroom floorplan, (easily convertible to a 3 bedroom layout) finished with a natural and warm design.The third floor contains a 1 bedroom, 1 bath unit.Accessed through a rear private entrance and including an additional private outdoor deck. Currently tenanted month to month for $2100 + utilities, the Tenants show true pride in ownership and are willing to stay. The property features 2 car parking with a separate garage for a potential 3rd spot or garden suite. All mechanicals are owned, and units separately metered. Roofs replaced in 2021 and 2023. Each unit comes with stainless steel appliances and ensuite washer and dryer. Located at the corner of Woodbine & Cassels, 1 block south of Gerrard, you have the bus stop at your doorstep and the streetcar just steps away. Convenient location in a desirable neighbourhood, close to schools, parks, shopping, and minutes to the beach. This versatile property provides endless opportunities to maximize income potential: long term lease, short term rental, potential commercial space. With total area measuring just over 2500 sq.ft. This property offers some of the best value for triplexes available in the upper beaches area. (Please note: some photos contain virtual staging) SELLER IS MOTIVATED!!!
Property Type:
Residential Freehold
Property Sub Type:
Triplex
Home Style:
3-Storey
Total Approx Floor Area:
2000-2500
Lot Depth:
74'2"22.6 m
Lot Frontage:
18'5.49 m
Direction Faces:
East
Bedrooms:
4
Bathrooms:
4.0
Water supply:
Municipal
Kitchens:
3
Bedrooms Above Grade:
4
Kitchens Above Grade:
3
Rooms Above Grade:
10
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Concrete
Roof:
Tar and Gravel
Basement:
Partial Basement
Fireplace/Stove:
Yes
Garage:
Detached
Garage Spaces:
1.0
Parking Features:
Reserved/Assigned
Parking Spaces:
2
Total Parking Spaces:
3.0
Family Room:
No
Possession Details:
IMMEDIATE/FLEXIBLE
Pool:
None
HST Applicable To Sale Price:
Included In
Taxes:
$4,992 /
2025
Assessment:
$- /
-
Toronto
Toronto E02
East End-Danforth
Library, Park, Place Of Worship, Public Transit, Rec./Commun.Centre, School
Carpet Free, Storage, Water Heater Owned
Deck
3 fridges, 3 stoves, 3 dishwashers, 3 washers & dryers. , a/c wall units, fireplace, murphy bed, built in cabinets.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.