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161 Wallace Ave

Toronto, ON M6H 1V1
  • $3,999,000
  • STATUS: Active
  • ON SITE: 21 Days
  • ID#: W5594906
UPDATED: 99 min ago
$3,999,000
  • 7
    BEDS
  • < .50
    ACRES
  • 10
    BATHS
  • 0
    1/2 BATHS
Type:
Single-Family Home
County:
Area:

Description

Great Investment Opportunity! Located In The Junction Triangle In The Dovercourt Area, This Triplex Offers 10 Individual, Fully Furnished Rental Units W/ 10 Kitchenettes And 10 Full Bathrooms Half A Million Spent On Renovations; Very Spacious Separate Self-Contained Units. Fully Finished Basement With Walk Up Double Door Entry To The Back Yard. 3 Separate Hydro Meters, 3 Water Meters, 2 Ac Units; 1 Full Laundry For Shared Use In Basement; 2 Furnaces; Tool Shed In The Back Yard And Much More! Conveniently Located Close To All Amenities: Walk To Lansdowne Subway, Minutes From U Of T.

Extras: Monthly Expenses Approx. $3262.74. Rental Income Of Approx. $15,949 Monthly & $191,388 Yearly. Cap Rate Upwards Of 4.06% ! Existing House & All Inclusions Being Sold "As Is".

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Listing information © 2022 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or Century 21 People's Choice. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Date last updated: 2022-05-20T21:40:58.35.
www.meganholly.com/homes/128147941
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161 Wallace Ave Toronto, ON M6H 1V1

  • Price: $3,999,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 99 min ago
  • ID#: W5594906
7
Beds
10
Baths
0
½ Baths
< .50
Acres
Neighbourhood:
Dovercourt-Wallace Emerson-Junction
County:
Ontario
Area:
Toronto W02
Property Description
Great Investment Opportunity! Located In The Junction Triangle In The Dovercourt Area, This Triplex Offers 10 Individual, Fully Furnished Rental Units W/ 10 Kitchenettes And 10 Full Bathrooms Half A Million Spent On Renovations; Very Spacious Separate Self-Contained Units. Fully Finished Basement With Walk Up Double Door Entry To The Back Yard. 3 Separate Hydro Meters, 3 Water Meters, 2 Ac Units; 1 Full Laundry For Shared Use In Basement; 2 Furnaces; Tool Shed In The Back Yard And Much More! Conveniently Located Close To All Amenities: Walk To Lansdowne Subway, Minutes From U Of T.

Extras: Monthly Expenses Approx. $3262.74. Rental Income Of Approx. $15,949 Monthly & $191,388 Yearly. Cap Rate Upwards Of 4.06% ! Existing House & All Inclusions Being Sold "As Is".
Exterior Features

Drive Pvt Double Exterior BrickStone Fronting On S Garage Type None Lot Depth 112.00 Lot Front 25.00 Lot Size Code Feet Other Structures Garden Shed Parking Spaces 2 Pool None Style 3-Storey

Interior Features

Air Conditioning Central Air Basement FinishedWalk-Up Bedrooms Plus 3 Family Room No Fireplace Or Stove No Heat Source Gas Heating Forced Air Kitchens 6 Kitchens Plus 3 Rooms 13 Rooms Plus 5

Property Features

Cross Streets Bloor St W/Lansdowne Ave Residential Type Detached Sale Or Lease Sale Seller Property Info Statement N Sewer Sewers Tax Year 2021 Taxes 5553.24 Total Parking Spaces 2.0 Water Municipal

Listing courtesy of Sam Mcdadi Real Estate Inc., Brokerage.
Listing information © 2022 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or Century 21 People's Choice. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Date last updated: 2022-05-20T21:40:58.35.
 
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Century 21 People's Choice
1780 Albion Rd
Toronto ON, M9V 1C1