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Cabbagetown Legal Triplex with 58K NOI


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An amazing investment opportunity!

A grand Victorian Triplex is for sale in Cabbagetown with three self contained units and a double car garage. Extra deep lot with over 130 feet and very large outdoor deck and garden spaces.  It’s perfect for a user/investor who wants to buy a home and have a portion rented out to pay for your mortgage. The property has two units rented and the third is vacant and can be rented or provided vacant for the buyer to move into.

Here are the highlights of the property per unit:

Main Floor – Apartment 1 – 2 bedroom plus den
Kitchen
Stainless Steel appliances with BI Dishwasher, a gas stove and updated cabinets
Thick Granite Counter top with bull nose and breakfast bar area
New Laminate Flooring throughout
New Faucets
Tall ceilings

Living/Dining Room
Large open concept with walk out to private deck/garden
Exposed Brick walls
Original Marble fireplace mantel
Designer colors
Storage spaces and access to basement

Master Bedroom
Large closet and en suite laundry
New flooring, freshly painted
Walk out to Garden

2nd Bedroom
Large Closet and freshly painted
New flooring

Den
New Flooring and built in Bookshelves

Second Floor – Apartment 2 1 bedroom plus den space
Kitchen
Granite Counter tops with built in dishwasher, black stove and fridge
En suite laundry with state of the art washer/dryer combo space savers unit
Updated cabinets

Living/Dining Room
Exposed Brick Wall and original marble fireplace
Tall Ceiling heights and large windows facing the front for ample light
Walk out to private deck for entertaining
New Flooring

Den
Large window for ample light
New flooring
Designer wall paper to soften the space

Master
Berber carpet flooring, freshly painted and large window
Walk out to private deck space off the bedroom

Third Floor – Apartment 3 – 1 bedroom open concept
Kitchen
Granite Counter top and upgraded cabinets
Stainless Steel Fridge, Junior Stove and dishwasher

Living Room
Exposed Brick Wall with tall ceiling
Large windows and sliding door for light and walk out to extra large private deck
Sky light to additional light
Dark stained hand rails and trims

Master Bedroom
Large closet space with closet organizers built in
Large windows for ample light
Brand new floors
En suite laundry

Spaces are rented and limited showing schedule is available. Contact listing agent for more information

Download Financial Review – 31 Rose Ave – Res Mort

Additional pictures available here

About Addy Saeed

Addy is a full time REALTOR® in Toronto, ON with RE/MAX ® and is involved in different real estate projects alongside community and charity events. An avid investor, auto enthusiast, music lover and long time adventurer. He can be contacted by calling 1-877-439-2339

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