23 Abbs Street, Toronto, ON M6K 1M5

$1,499,000
: 3
BD
: 4
BA
: 2,000
SqFt

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List Price: $1,499,000
MLS#: W13876226
Status: ACTIVE
Type: Multifamily
SubType: Triplex
Style: 2-Storey
Bedrooms: 3
Bathrooms: 4
Living Area: 2000-2500
Province: ON
Municipality: Toronto
Area: Toronto
Neighborhood: Roncesvalles
Subdivision: Queen West & Brock Ave

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Property Description

Ideal For An Investor Seeking A Turnkey Triplex Or An End User Looking To Live In One Unit While Renting Out The Rest To Offset Their Mortgage. Income Analysis Attached. Income of $89,102. Expenses of $29,276. NOI of $59,826. Excellent Investment Opportunity In The Highly Sought After Queen West Neighbourhood! Beautifully Maintained & Upgraded Triplex Featuring A Renovated Owner's Suite (1,316 sq ft) With Hardwood Flooring, Modern Kitchen With Stainless Steel Appliances, Finished Basement, Spacious Primary Bedroom, And Walk-Out To Private Patio. Two Second-Floor Tenant Apartments (1,165 sq ft) Offer Separate Entrances, Kitchens, Four-Piece Baths, Open-Concept Living Spaces And Private Patios. Potential To Reconfigure Into Four Units. Currently Fully Tenanted With One Of The Smaller Upper Units Becoming Vacant in November. Option To Maintain Vacant For Owner Occupier Or Rent At A Higher Rental Rate. Located On A Charming, Private Cul-De-Sac Just Steps To Queen Street, Dundas West, And Roncesvalles, With Easy Access To Shops, Restaurants, And Transit.

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Additional Information

Taxes: $8,425
Heat Type: Water
Heat Source: Gas
Air Conditioning: Wall Unit(s)
Rooms: 15
Kitchens: 3
Exterior: Stucco (Plaster), Wood
Garage Type: None
Pool: None
Parking Spaces: 2
Parking Type: Right Of Way