Turnkey Triplex in the Beach Triangle. Vacant & Ready to Cash Flow! Incredible investment opportunity in one of Toronto's most desirable rental locations! This renovated triplex offers 2 stylish 1-bedroom units and 1 bright bachelor unit, each with private outdoor space, ensuite laundry, and modern finishes throughout. Perfect for house-hackers or savvy investors, where you can live in one and rent the rest, or lease all 3 for strong monthly income. Updates include brand-new kitchens and baths, new flooring, pot lights, and upgraded fixtures. The lower unit has a separate laneway entrance, ideal for maximizing privacy and rent. Includes 2 laneway parking spots, plus you're just steps to Queen St, the beach, parks, cafes, transit, and more. Strong rental demand, positive cash flow, and long-term growth potential make this a no-brainer. All units are vacant and ready for immediate occupancy or rental! See attached feature sheet and cash flow analysis for full financials.
Address
217 Kingston Road
List Price
$1,188,000
Property Type
Residential Freehold
Type of Dwelling
Semi-Detached
Style of Home
2-Storey
Area
Toronto E02
Sub-Area
The Beaches
County
Toronto
Bedrooms
2
Bathrooms
3
Floor Area
700 - 1100 Sq. Ft.
Lot Size Source
GeoWarehouse
Lot Depth
103.94
Lot Shape
Rectangular
Lot Size Units
Feet
Lot Width
17.49
Approx. Age
51 - 99 Years
MLS® Number
E12103275
Listing Brokerage
RE/MAX ULTIMATE REALTY INC.
Basement Area
Apartment, Separate Entrance
Postal Code
M4L 1T5
Parking
Lane
Parking Places (Total)
2
Tax Amount
$4,255.97
Tax Year
2024
Exterior Features
Deck, Porch, Patio
Interior Features
Water Heater Owned, In-Law Suite, Accessory Apartment
Property Features
Park, Public Transit, School, Beach
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
None
Construction Materials
Brick, Shingle
Direction Faces
South
Fireplace
Yes
Fireplace Features
Wood
Foundation Details
Brick
Garage Type
None
Kitchens Total
3
Pool Features
None
Roof
Shingles
Waterfront
None
Sewer
Sewer