$1,799,000
Available - For Sale
Listing ID: E12529352
117 Bellhaven Road , Toronto, M4L 3J9, Toronto
| Generating a strong 6.0+% cap rate, this solid well-cared-for triplex is ideal for investors or owner-occupiers seeking turn-key income with a comfortable lifestyle. This is a rare opportunity to set market rents - the main floor unit (currently owner-occupied) can be rented or lived in; the 2nd floor unit has reliable high-quality tenants paying market rent plus all utilities; the 3rd floor unit is currently vacant. Potential exists for a 4th unit in the basement (separate entrance) to further increase income. The home has a distinct character with decorative beams, wainscotting, feature walls, greenery, fruit trees, and berry bushes. The main floor is a 3-bedroom unit with a stunning private backyard. The 2nd floor unit is a 2-bedroom with an extra-large light-filled kitchen and front garden sitting area. Unit 3 is a 2-bedroom two-level unit with an extra-large private terrace that feels like a treehouse in Muskoka. The basement has a separate entrance, large room, and an extra-large bathroom - potential bachelor unit. The large detached garage/studio offers conversion potential for rental, workshop, or creative space. All units have en-suite laundry and dishwashers, with a shared storage shed. Prime location in Toronto's Upper Beaches area, with excellent transit, strong rental demand, and a welcoming community feel. Easy direct streetcar access to downtown for work and fun, yet far enough to enjoy tranquility among mature trees. Woodbine and Coxwell subway stations are within walking distance. Queen Street, Woodbine Beach, and the boardwalk are nearby. Walk to grocery stores, parks, gyms, cafes, banks, dog park, restaurants, and schools. Financials and capital expenditures info available upon request. A rare and exceptional income property. |
| Price | $1,799,000 |
| Taxes: | $7163.82 |
| Tax Type: | Annual |
| Occupancy: | Owner+T |
| Address: | 117 Bellhaven Road , Toronto, M4L 3J9, Toronto |
| Postal Code: | M4L 3J9 |
| Province/State: | Toronto |
| Legal Description: | LT 260 PL 465E TORONTO S/T & T/W CT87480 |
| Directions/Cross Streets: | Gerrard & Woodbine |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 |
| Category: | Apartment |
| Use: | Apts - 2 To 5 Units |
| Building Percentage: | T |
| Total Area: | 2852.00 |
| Total Area Code: | Square Feet |
| Area Influences: | Public Transit Subways |
| Washrooms: | 0 |
| Outside Storage: | T |
| Heat Type: | Gas Hot Water |
| Central Air Conditioning: | Yes |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| SUTTON GROUP-ADMIRAL REALTY INC. |
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CJ Gidda
Sales Representative
Dir:
647-289-2525
Bus:
905-364-0727
Fax:
905-364-0728
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At a Glance:
| Type: | Com - Investment |
| Area: | Toronto |
| Municipality: | Toronto E02 |
| Neighbourhood: | Woodbine Corridor |
| Tax: | $7,163.82 |
| Fireplace: | N |
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