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Est. payment | -/mo

4 Beds

3 Baths

Save

Est. payment | -/mo

Save

4 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Municipality Toronto C01

Subdivision Palmerston-Little Italy

MLS Listing ID C14096636

Style 2 1/2 Storey

Bedrooms 4

Annual Tax Amount $7,021

Tax Year 2025

Property Sub-Type Triplex

Property Description

This unique end-unit townhouse offers an exceptional investment opportunity, featuring three self-contained apartments, each with its own private entrance, kitchen and three-piece bathroom. The basement apartment features one bedroom and a spacious living and dining area. The main-floor one-bedroom apartment offers a private walkout to the rear deck, complete with space for a barbecue. The second and third floors form a spacious three-bedroom apartment with two balconies offering spectacular views. There is shared laundry equipment on the lower level, providing added convenience. A 2 car detached garage with direct access to the rear laneway presents exciting potential for a future laneway house, subject to approvals, offering additional income or development possibilities while maintaining the feel of a traditional residential property. Ideally situated just half a block north of College Street, in the vibrant College and Grace neighbourhood, the property is surrounded by the best of Little Italy, including popular restaurants, cafés, patios, independent boutiques and lively local shops. Enjoy easy access to public transit, parks, everyday amenities and the dynamic atmosphere of one of Toronto's most sought-after urban communities. With only the basement apartment currently rented and the main-floor and upper-level apartments vacant, this property offers investors an excellent opportunity to secure rental income, lease the vacant units at current market rates and explore its future income and development potential.

Location

Province ON

County Toronto

Community Toronto C01

Area Toronto

Rooms

Family Room No

Basement Apartment

Kitchen 3

Separate Den/Office 1

Interior

Interior Features Water Heater

Cooling Central Air, Window Unit(s)

Exterior

Garage Spaces 2.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 17.58

Lot Depth 105.0

Total Parking Spaces 2

Building

Foundation Brick, Block, Concrete

Others

Senior Community Yes

ParcelsYN No

Listed by RIGHT AT HOME REALTY

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261 Grace ST Toronto C01, ON M6G 3A7