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$1,888,000Asking Price

61 Cameron Street, Toronto, ON M5T 2H1

Alexandra Park, Toronto

Triplex
6
Bedrooms
3
Baths
2
Parking
Days on Market

Attention Investors! Excellent opportunity delivering a 5% cap rate (earn over $9,000 rental income per month). This triplex is located in a great location currently undergoing rapid gentrification in the heart of Kensington-Chinatown! Get in while you still can! 3 separate units with 2 spacious bedrooms in each. Zoned for commercial use as well which makes it suitable for live/work model. Live in one unit and rent out others for steady monthly cash flows! Upgraded kitchen in each unit with quartz counters. Steps to trendy Queen West & Spadina. Only a short walking distance to the future Ontario Line subway station construction underway at Queen & Spadina (completion 2031). Shared parking at rear of building.

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Attention Investors! Excellent opportunity delivering a 5% cap rate (earn over $9,000 rental income per month). This triplex is located in a great location currently undergoing rapid gentrification in the heart of Kensington-Chinatown! Get in while you still can! 3 separate units with 2 spacious bedrooms in each. Zoned for commercial use as well which makes it suitable for live/work model. Live in one unit and rent out others for steady monthly cash flows! Upgraded kitchen in each unit with quartz counters. Steps to trendy Queen West & Spadina. Only a short walking distance to the future Ontario Line subway station construction underway at Queen & Spadina (completion 2031). Shared parking at rear of building.

Key Info

  • 2-Storey Triplex
  • 2 Parking
  • No Garage
  • Queen St W/Spadina
  • 1100-1500 Approximate Sq Feet
  • No Ensuite Laundry
  • Baseboard Electric Heating

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $6,995 in 2024
  • Possession: TBD

Details

  • Brick Exterior
  • No Fireplace
  • 3 Kitchens
  •  
  • MLS #C12028924
  • DREAM HOME REALTY INC.

Extras

Room Floor Dimensions Details
1 Kitchen Main 8.20' x 6.56' Ceramic Floor, Quartz Counter, Ceramic Backsplash
Washroom1 3-Piece Bathroom
Washroom1 3-Piece Bathroom on Main Floor
Washroom1 3-Piece Bathroom

Who lives here?

Alexandra Park, Toronto is a central Toronto neighbourhood notable for its singles, renters and salespeople. It has a higher than average population of immigrants, particularly those from China and Vietnam, and Cantonese and Mandarin speakers. Residents tend to be younger with a significant number of youth aged 20 to 24 and adults aged 25 to 34.

Families

Kids Per Family

1.5

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

67% of residents are
single and loving it.

67% singles

Toronto (50%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

67% of residents
are renters.

67% renters

Toronto (47%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

30% of residents are
university grads.

30% university grads

Toronto (48%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$81K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 23%
Business 6%
Government 5%
Trades 5%
Management 4%

Immigrants

53% of residents were
born outside of Canada.

53% immigrants

Toronto (48%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

China was once home to 23.8% of immigrants.
Vietnam 5.2%
Caribbean 4.8%
Philippines 2.8%
Jamaica 2.2%

23.8% from China
All-time

Birthplace - Recent

China was once home to 6.7% of immigrants.
Vietnam 1.6%
Philippines 1.2%
Pakistan 0.4%
USA 0.3%

6.7% from China
Recent

Foreign Languages

Foreign Languages

Mandarin 14%
Cantonese 14%
Vietnamese 4%
Spanish 3%
Tagalog 2%

Religions

Religions

Christian 36%
Buddhist 14%
Muslim 11%
Jewish 1%
Hindu 1%

Social Housing

Social Housing Buildings

26

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

2

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)