$1,699,000Asking Price
69 Palmerston Avenue, Toronto C01, ON M6J 2J2
Trinity Bellwoods, Toronto
A rare opportunity to own a fully turnkey, three-unit investment property in the heart of Trinity Bellwoods - one of Toronto's most desirable and walkable neighborhoods. Just steps from the park and surrounded by hotspots like Little Italy and the Ossington strip, this location offers unmatched access to restaurants, boutiques, galleries, a vibrant Farmers Market and everything urban imaginable. Excellent tenants generate a solid net income of about $76,000 annually. With consistent rental demand and low vacancy, it's a truly hands-off asset in a high-demand location. Whether you're a seasoned investor or looking for a stable entry into the market, this property delivers style, income, and location - all in one timeless package! Significant upgrades - flat roof (2022), outdoor LED sensor Lighting (2022), vinyl siding w/ 10-year warranty (2020), high-efficiency furnace 70,000 BTU Ducane (2018), A/C w/ 10-year warranty (2019), 100 AMP electrical mast & hydro meter (2018), roof on rear of home (2017), basement kitchen & interior reno (2016).
A rare opportunity to own a fully turnkey, three-unit investment property in the heart of Trinity Bellwoods - one of Toronto's most desirable and walkable neighborhoods. Just steps from the park and surrounded by hotspots like Little Italy and the Ossington strip, this location offers unmatched access to restaurants, boutiques, galleries, a vibrant Farmers Market and everything urban imaginable. Excellent tenants generate a solid net income of about $76,000 annually. With consistent rental demand and low vacancy, it's a truly hands-off asset in a high-demand location. Whether you're a seasoned investor or looking for a stable entry into the market, this property delivers style, income, and location - all in one timeless package! Significant upgrades - flat roof (2022), outdoor LED sensor Lighting (2022), vinyl siding w/ 10-year warranty (2020), high-efficiency furnace 70,000 BTU Ducane (2018), A/C w/ 10-year warranty (2019), 100 AMP electrical mast & hydro meter (2018), roof on rear of home (2017), basement kitchen & interior reno (2016).
See MoreKey Info
- 2-Storey Rowhouse
- 3-Car Driveway
- 2-Car Detached Garage
- Queen West/Bellwoods
- 1500-2000 Approximate Sq Feet
- Basement Apartment
- 3 + 1 Kitchens
- Forced Air Gas Heating
- Central Air
Property
- Lot Size 20.08 x 121 Feet
- Brick/Shingle Exterior
- Taxes were $9,086 in 2025
- Possession: Immediate/TBA
Details
- No Fireplace
- No Family Room
- Sewers
- Municipal Water
- MLS #C12326221
- SUTTON GROUP-ASSOCIATES REALTY INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 11.91' x 10.01' | Tile Floor, Granite Counters, Double Sink |
 | 1 4-Piece Bathroom on Main Floor | |||
| 1 3-Piece Bathroom | |||
| 1 3-Piece Bathroom | |||
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Who lives here?
Trinity Bellwoods, Toronto is a central Toronto neighbourhood notable for its singles, university grads, executives, arts & culture professionals and salespeople. It has a higher than average population of immigrants from Portugal and China, and Cantonese, Portuguese and Mandarin speakers. Residents tend to be younger with a significant number of adults aged 25 to 44.
Families
Kids Per Family
1.0
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
53%
of residents are
single and loving it.
53% singles
Toronto (50%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
43%
of residents
are renters.
43% renters
Toronto (47%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
49%
of residents are
university grads.
49% university grads
Toronto (48%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$136K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 16% |
| Business | 11% |
| Culture | 11% |
| Management | 9% |
| Government | 8% |
Immigrants
39%
of residents were
born outside of Canada.
39% immigrants
Toronto (48%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
16.0% from China
All-time
Birthplace - Recent
1.8% from China
Recent
Foreign Languages
Foreign Languages
| Portuguese | 12% |
| Cantonese | 10% |
| Mandarin | 8% |
| French | 2% |
| Spanish | 1% |
Religions
Religions
| Christian | 46% |
| Buddhist | 6% |
| Jewish | 2% |
| Sikh | 1% |
| Muslim | 1% |
Social Housing
Social Housing Buildings
0
Social housing buildings
in the neighbourhood.
Shelters
Shelters
2
Homeless shelters in
the neighbourhood.
