$1,799,000Asking Price
117 BELLHAVEN Road, Toronto E02, ON M4L 3J9
Woodbine Corridor, 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.
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.
See MoreKey Info
- 2.5-Storey Triplex
- 3 Parking
- Detached Garage
- Gerrard & Woodbine
- 2000-2500 Approximate Sq Feet
- No Ensuite Laundry
- Water Gas Heating
Property
- Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
- Taxes were $7,163 in 2025
- Possession: TBD
Details
- Brick Exterior
- No Fireplace
- 3 Kitchens
- MLS #E12529348
- SUTTON GROUP-ADMIRAL REALTY INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 10.01' x 8.01' | Tile Floor, Window, Pantry |
 | 1 3-Piece Bathroom on Main Floor | |||
| 1 4-Piece Bathroom | |||
| 1 3-Piece Bathroom | |||
| 1 4-Piece Bathroom on Lower | |||
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Who lives here?
Woodbine Corridor, Toronto is a central Toronto neighbourhood notable for its university grads, executives and education, law & public sector and arts & culture professionals. Residents tend to be older with a significant number of babies, kids aged 5 to 14 and adults aged 35 to 64.
Families
Kids Per Family
1.1
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
46%
of residents are
single and loving it.
46% singles
Toronto (50%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
42%
of residents
are renters.
42% renters
Toronto (47%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
52%
of residents are
university grads.
52% university grads
Toronto (48%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$127K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Government | 14% |
| Sales | 12% |
| Business | 11% |
| Management | 10% |
| Culture | 8% |
Immigrants
24%
of residents were
born outside of Canada.
24% immigrants
Toronto (48%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
3.0% from China
All-time
Birthplace - Recent
0.4% from UK
Recent
Foreign Languages
Foreign Languages
| Cantonese | 3% |
| French | 3% |
| Spanish | 1% |
| Greek | 1% |
| Italian | 1% |
Religions
Religions
| Christian | 50% |
| Muslim | 4% |
| Jewish | 2% |
| Buddhist | 2% |
| Hindu | 2% |
Social Housing
Social Housing Buildings
7
Social housing buildings
in the neighbourhood.
Shelters
Shelters
0
Homeless shelters in
the neighbourhood.
