Purpose-built triplex offering a rare opportunity for investors to unlock immediate value. All three units are vacant, allowing the next owner to maximize current market rents, or update and push rent potential even higher from day one. The property features two spacious 2-bedroom suites, approximately +900 sq. ft. each, plus a bright 1-bedroom lower-level suite with above-grade windows, approximately 700 sq. ft. Every unit includes parking, a sought-after amenity that supports strong tenant demand. Whether you're expanding your portfolio or entering the multiplex market, this is an opportunity to acquire a solid purpose-built asset with substantial upside. Located in the sought-after Cliffside neighbourhood, this property is just minutes from Kingston Road's shops, restaurants, GO Transit, TTC, the Scarborough Bluffs, waterfront parks, and everyday conveniences. Additional features include separate hydro meters, a new furnace (2026), on-site laundry, and a private backyard.A stabilized pro forma and market rent analysis demonstrate the property's long-term income potential, making it an attractive investment in the growing Cliffside neighbourhood. (id:15069)
| MLS® Number | E13622088 |
| Property Type | Multi-family |
| Community Name | Birchcliffe-Cliffside |
| Features | Lane |
| Parking Space Total | 3 |
| Bathroom Total | 3 |
| Bedrooms Above Ground | 4 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 5 |
| Age | 51 To 99 Years |
| Appliances | Water Heater, Blinds, Dryer, Stove, Washer, Refrigerator |
| Basement Features | Apartment In Basement, Separate Entrance, Walk-up |
| Basement Type | N/a, N/a, N/a |
| Cooling Type | None |
| Exterior Finish | Brick, Stone |
| Foundation Type | Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1,500 - 2,000 Sqft |
| Type | Triplex |
| Utility Water | Municipal Water |
| No Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 120 Ft |
| Size Frontage | 30 Ft |
| Size Irregular | 30 X 120 Ft |
| Size Total Text | 30 X 120 Ft |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Living Room | 5.23 m | 4.34 m | 5.23 m x 4.34 m |
| Second Level | Kitchen | 3.68 m | 3.1 m | 3.68 m x 3.1 m |
| Second Level | Bedroom | 3.56 m | 3.25 m | 3.56 m x 3.25 m |
| Second Level | Bedroom 2 | 115 m | 3.25 m | 115 m x 3.25 m |
| Basement | Living Room | 5.21 m | 3.15 m | 5.21 m x 3.15 m |
| Basement | Kitchen | 4.57 m | 2.79 m | 4.57 m x 2.79 m |
| Basement | Bedroom | 3.63 m | 3.33 m | 3.63 m x 3.33 m |
| Basement | Utility Room | 139 m | 3.33 m | 139 m x 3.33 m |
| Main Level | Living Room | 5.23 m | 4.37 m | 5.23 m x 4.37 m |
| Main Level | Kitchen | 3.43 m | 3.3 m | 3.43 m x 3.3 m |
| Main Level | Bedroom | 3.56 m | 3.25 m | 3.56 m x 3.25 m |
| Main Level | Bedroom 2 | 3.25 m | 2.9 m | 3.25 m x 2.9 m |
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