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$1,399,999
Available - For Sale
Listing ID: W12034072
This well-maintained, purpose-built triplex presents an exceptional investment opportunity in Toronto's sought-after Long Branch community. Positioned steps from Humber College and minutes from Lake Ontario, this property combines an excellent location with solid rental potential. The triplex features three immaculate self-contained suites spread across 2,655 square feet: two spacious 2-bedroom units on the second and third floors and one 1-bedroom unit on the partially below-grade level. Each suite is thoughtfully designed with separate kitchens and bathrooms, providing comfortable living spaces with natural light. Currently, the second and third-floor apartments are tenanted month to month, while the lower-level unit is vacant, offering immediate rental income potential or the possibility of owner occupancy. All tenants pay their everyday area expenses, simplifying property management. The neighbourhood provides exceptional convenience with restaurants, medical facilities, and shopping within a 3-5 minute walk. Educational institutions, including Humber College, are just 5-10 minutes away on foot. The property's proximity to Lake Ontario and Colonel Sam Smith Park provides tenants with recreational opportunities that enhance their quality of life. (Possibility to build additional Lane Way/Garden Suite property on site for even more rental income.)
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $34,944.4 $69,888.8 $104,833.2 $139,777.6
First Mortgage $663,943.6 $628,999.2 $594,054.8 $559,110.4
CMHC/GE $18,258.45 $12,579.98 $10,395.96 $0
Total Financing $682,202.05 $641,579.18 $604,450.76 $559,110.4
Monthly P&I $2,921.82 $2,747.83 $2,588.82 $2,394.63
Expenses $0 $0 $0 $0
Total Payment $2,921.82 $2,747.83 $2,588.82 $2,394.63
Income Required $109,568.19 $103,043.77 $97,080.59 $89,798.49

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX DASH REALTY

8 Nineteenth Stre , Toronto, M8V 3L3, Toronto

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MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Triplex
Area: Toronto
Municipality: Toronto W06
Neighbourhood: New Toronto
Style: 2 1/2 Storey
Lot Size: x 119.11(Feet)
Approximate Age: 31-50
Tax: $4,723
Maintenance Fee: $0
Beds: 4+1
Baths: 3
Garage: 0
Fireplace: N
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

  Email Us

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

 

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