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$689,900
Est. payment /mo
7 Beds
4 Baths
2,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $344
Subdivision 216 - Dorchester
MLS® Listing ID X12612142
Bedrooms 7
Half Baths 1
Source Toronto Regional Real Estate Board
Property Description
Live Comfortably for Less - While Building Wealth! Why choose between a beautiful home and a smart investment when you can have both? Welcome to this spacious, legal 2.5-storey triplex, offering a rare opportunity to live affordably in a full 4-bedroom home while generating steady rental income from two fully leased units. Whether you're an investor seeking strong cash flow or a homeowner looking for a lifestyle upgrade with mortgage relief, this property checks every box. Unit 1 - Your Future Home or Premium Owner's Suite. This is not your typical landlord unit. Spread across two and a half sun-filled stores, the main home offers: 4 generous bedrooms, 2 full bathrooms, A bright living and dining space with a charming decorative fireplace, Main floor Den or home office. A large kitchen ideal for hosting or family meals. Second-floor laundry for total convenience. Perfect for families, work-from-home professionals, multi-generational living, or anyone seeking comfort paired with financial freedom. Live here for under $1,600/month with rental income covering the rest! Units 2 & 3 - Reliable Income, Vacant Unit 2 - Basement Apartment, a spacious suite with a separate entrance, updated kitchen, 4-piece bath, and two generous bedrooms. Ideal for long-term rental stability. Unit 3 - Back Unit, A bright 1-bedroom apartment featuring its own kitchen and 3-piece bath - perfect for singles, students, or couples. Both units provide immediate, consistent income and make this property cash-flow positive from day one. Garage, Bonus Space & Expansion Potential. The detached 2.5-car garage (20x23 ft) with hydro adds tremendous value - use it for storage, a workshop, or explore: Conversion into a fourth rental unit. Creating a trendy coach house, adding a secondary dwelling on the existing pad. A rare chance to grow your income even further. Easy operation with onsite superintendent couple. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features Yes
View Y/N No
Total Parking Spaces 7
Private Pool No
Building
Story 2.5
Sewer Sanitary sewer
Others
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Listed by RE/MAX WEST REALTY INC.
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