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$2,400,000
Available - For Sale
Listing ID: W11953973
This property at 177 Wallace Ave presents a fantastic investment opportunity! Its a detached triplex with separate utilities for each unit, and being just a few minutes walk from Lansdowne subway Station makes it even more desirable. With the potential to generate $10,000 in monthly rental income, its a strong income-producing asset.The recent upgrades are impressive, too. The old radiant/boiler system has been replaced with a new HVAC system, which includes a new AC, furnace, and hot water tank. Over the past year, the property has seen significant renovations, including new plumbing, lighting, electrical fixtures, and upgraded kitchens and bathrooms. The exterior has been refreshed with a brand-new porch and stonework. All of this has resulted in a stylish and modern property, with over $300,000 invested into the upgrades. Rental occupancy is 100%.
Price $2,400,000
Taxes: $6,000
Address: 177 Wallace Ave , Toronto, M6H 1V3, Ontario
Lot Size: 25.17 x 75 (Feet)
Acreage: < .50
Directions/Cross Streets: Bloor/Lansdowne
Rooms: 7
Bedrooms: 5
Bedrooms +: 2
Washrooms: 4
Kitchens: 4
Family Room: N
Basement: Finished
Sep Entrance
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Ground Living 13.12 10.50
Room 2: Ground Kitchen 14.76 9.84
Room 3: Ground Br 12.46 10.50
Room 4: Ground Br 12.46 9.18
Room 5: 2nd Living 16.40 8.86
Room 6: 2nd Kitchen 13.12 6.56
Room 7: 2nd Br 11.48 9.84
Room 8: 2nd Br 11.48 11.15
Room 9: 2nd Br 11.48 6.56
No. of Pieces Level
Washroom 1:  4
Property Type: Triplex
Style: 2 1/2 Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Front Yard
Drive Parking Spaces: 2
Pool: None
Property Features: Library
Public Transit
Rec Centre
School
Fireplace/Stove: Y
Heat Source: Gas
Heat Type: Radiant
Central Air Conditioning: Window Unit
Central Vac: N
Sewers: Sewers
Water: Municipal
Utilities-Cable: Y
Utilities-Hydro: Y
Utilities-Gas: Y
Utilities-Telephone: Y
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PROEDGE REALTY INC.

177 Wallace Ave , Toronto, M6H 1V3, Ontario

Personal Picture
MD Ashraful Bari
Broker
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647.406.6653
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905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Triplex
Area: Toronto
Municipality: Toronto
Neighbourhood: Dovercourt-Wallace Emerson-Junction
Style: 2 1/2 Storey
Lot Size: 25.17 x 75.00(Feet)
Approximate Age:
Tax: $6,000
Maintenance Fee: $0
Beds: 5+2
Baths: 4
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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