Skip To Content

161 Wallace Ave

Toronto, ON M6H 1V1
  • $3,999,000
  • STATUS: Active
  • ON SITE: 22 Days
  • ID#: W5594906
$3,999,000
  • 7
    BEDS
  • < .50
    ACRES
  • 10
    BATHS
  • 0
    1/2 BATHS
Type:
Single-Family Home
County:
Area:

Description

Great Investment Opportunity! Located In The Junction Triangle In The Dovercourt Area, This Triplex Offers 10 Individual, Fully Furnished Rental Units W/ 10 Kitchenettes And 10 Full Bathrooms Half A Million Spent On Renovations; Very Spacious Separate Self-Contained Units. Fully Finished Basement With Walk Up Double Door Entry To The Back Yard. 3 Separate Hydro Meters, 3 Water Meters, 2 Ac Units; 1 Full Laundry For Shared Use In Basement; 2 Furnaces; Tool Shed In The Back Yard And Much More! Conveniently Located Close To All Amenities: Walk To Lansdowne Subway, Minutes From U Of T.

Extras: Monthly Expenses Approx. $3262.74. Rental Income Of Approx. $15,949 Monthly & $191,388 Yearly. Cap Rate Upwards Of 4.06% ! Existing House & All Inclusions Being Sold "As Is".

Monthly Payment Calculator

Listing information © 2022 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or Mathan Markandu | Century 21 Leading Edge. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Date last updated: 2022-05-20T21:40:58.35.
www.mmhomes.ca/homes/128147941
Print Image

161 Wallace Ave Toronto, ON M6H 1V1

  • Price: $3,999,000
  • Status: Active
  • On Site: 22 Days
  • ID#: W5594906
7
Beds
10
Baths
0
½ Baths
< .50
Acres
Neighbourhood:
Dovercourt-Wallace Emerson-Junction
County:
Ontario
Area:
Toronto W02
Property Description
Great Investment Opportunity! Located In The Junction Triangle In The Dovercourt Area, This Triplex Offers 10 Individual, Fully Furnished Rental Units W/ 10 Kitchenettes And 10 Full Bathrooms Half A Million Spent On Renovations; Very Spacious Separate Self-Contained Units. Fully Finished Basement With Walk Up Double Door Entry To The Back Yard. 3 Separate Hydro Meters, 3 Water Meters, 2 Ac Units; 1 Full Laundry For Shared Use In Basement; 2 Furnaces; Tool Shed In The Back Yard And Much More! Conveniently Located Close To All Amenities: Walk To Lansdowne Subway, Minutes From U Of T.

Extras: Monthly Expenses Approx. $3262.74. Rental Income Of Approx. $15,949 Monthly & $191,388 Yearly. Cap Rate Upwards Of 4.06% ! Existing House & All Inclusions Being Sold "As Is".
Exterior Features

Drive Pvt Double Exterior BrickStone Fronting On S Garage Type None Lot Depth 112.00 Lot Front 25.00 Lot Size Code Feet Other Structures Garden Shed Parking Spaces 2 Pool None Style 3-Storey

Interior Features

Air Conditioning Central Air Basement FinishedWalk-Up Bedrooms Plus 3 Family Room No Fireplace Or Stove No Heat Source Gas Heating Forced Air Kitchens 6 Kitchens Plus 3 Rooms 13 Rooms Plus 5

Property Features

Cross Streets Bloor St W/Lansdowne Ave Residential Type Detached Sale Or Lease Sale Seller Property Info Statement N Sewer Sewers Tax Year 2021 Taxes 5553.24 Total Parking Spaces 2.0 Water Municipal

Listing courtesy of Sam Mcdadi Real Estate Inc., Brokerage.
Listing information © 2022 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or Mathan Markandu | Century 21 Leading Edge. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Date last updated: 2022-05-20T21:40:58.35.
 
https://bt-photos.global.ssl.fastly.net/toronto/1280_boomver_1_W5594906-2.jpg https://bt-photos.global.ssl.fastly.net/toronto/1280_boomver_1_W5594906-2.jpg https://bt-photos.global.ssl.fastly.net/toronto/1280_boomver_1_W5594906-2.jpg
Logo
Mathan Markandu | Century 21 Leading Edge
6311 Main St
Whitchurch-Stouffville ON, L4A 1G7