INVESTOR'S DREAM This cash-flowing, FULLY LEGAL TRIPLEX offers everything a savvy investor is looking for—PLUS UPSIDE POTENTIAL with CITY APPROVED PLANS TO ADD A FOURTH UNIT, significantly increasing property value and future income. Located in a PRIME RENTAL NEIGHBOURHOOD, steps to transit, hospitals, shopping, and other key amenities, this property is positioned to attract and retain A+ TENANTS year-round.RENOVATED TOP TO BOTTOM IN 2019, each unit features modern finishes, updated mechanicals, and separate utilities—keeping maintenance low and ROI high. Whether you're looking to expand your portfolio or step into a turnkey investment, this property checks every box. With a NET OPERATING INCOME OF OVER 49K/YEAR, you're already earning strong passive income from Day 1.But it gets even better. The city-approved fourth unit plans open the door to a VALUE-ADD PLAY that could allow for a refinance strategy (BRRRR, anyone?) once completed, increasing your equity and monthly cash flow even further. This is not just a buy-and-hold—it’s a BUY HOLD AND GROW opportunity.Additional features include ample parking, separate entrances for all units, and modern, tenant-pleasing finishes throughout. Zoned and permitted as a legal triplex, there’s NO RED TAPE OR SURPRISES—just clean, reliable income. With INTEREST RATES SHOWING SIGNS OF EASING, now is the time to lock in a quality asset that will only get more valuable with time. This is a rare offering that combines stability, scalability, and simplicity. Don't miss your chance to own a high-performing, low-maintenance investment in a sought-after neighbourhood. BOOK YOUR SHOWING TODAY and see why this opportunity stands out from the rest! (id:2493)
Property Type:
Multi-family
Common Interest:
Freehold
Property Attached:
Yes
Total Living Area:
2,496 sq. ft.232 m2
Finished Area Above Grade:
2,496 sq. ft.232 m2
Zoning:
D5
Taxes:
$5,012.16 /
-
Community:
140 - Beasley
Exterior Features:
Brick
Community Features:
High Traffic Area
Structure Type:
Triplex
Appliances Included:
Microwave Built-in
Bedrooms:
5
Bathrooms:
3.0
Cooling:
None
Fireplace:
No
Foundation:
Stone
Heating:
Radiant heat, Natural gas
# Storeys:
2.5
Water:
Municipal water
Sewer:
Municipal sewage system
Basement:
Unfinished, Full
Lot Frontage:
26'7.92 m
Total Parking Spaces:
3
View of front of house featuring fence and brick siding
Office area with plenty of natural light and wood finished floors
Kitchen featuring white cabinetry, butcher block countertops, appliances with stainless steel finishes, and dark wood-type flooring
Living room featuring baseboards and dark wood finished floors
Living area with baseboards and wood finished floors
Kitchen featuring a sink, white cabinetry, butcher block countertops, stainless steel appliances, and decorative backsplash
Kitchen featuring a sink, white cabinets, butcher block countertops, and appliances with stainless steel finishes
Bedroom with baseboards and dark wood-style flooring
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