$1,400,000Asking Price
Fully renovated legal triplex in a prime East York location, just 5-minute walk to Donlands Subway, moments to the shops, cafés & restaurants ofGreektown. Purchased in 2019 as a single-family dwelling, the property was extensively renovated & professionally converted into a legal triplexwith all required building permits, inspections & licensed contractors. Updates include electrical, plumbing, HVAC, kitchens, bathrooms, windows,flooring & major systems throughout. This turnkey income property has never experienced vacancy, consistently generating approximately$6,000 per month with excellent long-term tenants. The basement unit was vacated mid-December & is intentionally being held vacant to providethe new owner the option of living on-site while collecting income from the other units. The current rental income is slightly below market,offering upside potential & the asking price reflects a conservative & well-supported valuation. Each unit is fully self-contained with its ownkitchen, full-size laundry & designated outdoor space - rare & highly desirable features. Tenants enjoy dedicated backyard areas along withaccess to multiple decks, creating exceptional livability. Main floor features a beautifully finished 2-bedroom suite with a permitted solarium,offering heated floors a walk-out to a private deck & yard. The upper unit is a bright 1-bedroom with living room & eat-in kitchen. Basement suitewas professionally underpinned, rebuilt from the foundation up, featuring a separate entrance, full ceiling height, walk-out to a covered patio,excellent natural light. Additional highlights include a legal, city-approved parking pad (annual permit $360), sump pump & soak-away pit, ownedhot water tanks (including backup), newer furnace & A/C (under warranty), replaced windows & a backyard standalone deck. A rare opportunityto own a well-maintained, income-producing property in one of Toronto's most walkable & transit-connected neighbourhoods.
Fully renovated legal triplex in a prime East York location, just 5-minute walk to Donlands Subway, moments to the shops, cafés & restaurants ofGreektown. Purchased in 2019 as a single-family dwelling, the property was extensively renovated & professionally converted into a legal triplexwith all required building permits, inspections & licensed contractors. Updates include electrical, plumbing, HVAC, kitchens, bathrooms, windows,flooring & major systems throughout. This turnkey income property has never experienced vacancy, consistently generating approximately$6,000 per month with excellent long-term tenants. The basement unit was vacated mid-December & is intentionally being held vacant to providethe new owner the option of living on-site while collecting income from the other units. The current rental income is slightly below market,offering upside potential & the asking price reflects a conservative & well-supported valuation. Each unit is fully self-contained with its ownkitchen, full-size laundry & designated outdoor space - rare & highly desirable features. Tenants enjoy dedicated backyard areas along withaccess to multiple decks, creating exceptional livability. Main floor features a beautifully finished 2-bedroom suite with a permitted solarium,offering heated floors a walk-out to a private deck & yard. The upper unit is a bright 1-bedroom with living room & eat-in kitchen. Basement suitewas professionally underpinned, rebuilt from the foundation up, featuring a separate entrance, full ceiling height, walk-out to a covered patio,excellent natural light. Additional highlights include a legal, city-approved parking pad (annual permit $360), sump pump & soak-away pit, ownedhot water tanks (including backup), newer furnace & A/C (under warranty), replaced windows & a backyard standalone deck. A rare opportunityto own a well-maintained, income-producing property in one of Toronto's most walkable & transit-connected neighbourhoods.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 14.07' x 9.02' | Stainless Steel Appliances, Built-in Dishwasher, Ceramic Backsplash |
| 2 | Foyer | Main | 5.38' x 10.47' | Tile Floor |
| 1 3-Piece Bathroom on Main Floor | ||||
| 1 4-Piece Bathroom | ||||
| 1 4-Piece Bathroom | ||||
Danforth Mosaic, Toronto is a central Toronto neighbourhood notable for its university grads, executives and business and education, law & public sector professionals. Residents tend to be older with a significant number of babies, kids aged 5 to 9, adults aged 35 to 49 and 35 to 49 and seniors aged 65 to 69.
Kids Per Family
1.2
kids per family
in the neighbourhood.
46%
of residents are
single and loving it.
46% singles
Toronto (50%)
36%
of residents
are renters.
36% renters
Toronto (47%)
55%
of residents are
university grads.
55% university grads
Toronto (48%)Average Household Income
$128K
is the average household
income in the neighbourhood.
Professions
| Government | 14% |
| Sales | 12% |
| Business | 12% |
| Management | 10% |
| Culture | 6% |
33%
of residents were
born outside of Canada.
33% immigrants
Toronto (48%)4.6% from India
All-time
0.4% from India
Recent
Foreign Languages
| Cantonese | 5% |
| Greek | 4% |
| Gujarati | 3% |
| Italian | 2% |
| French | 2% |
Religions
| Christian | 51% |
| Muslim | 8% |
| Buddhist | 3% |
| Jewish | 2% |
| Hindu | 2% |
Social Housing Buildings
2
Social housing buildings
in the neighbourhood.
Shelters
0
Homeless shelters in
the neighbourhood.