179A Cameron Ave
Keelesdale-Eglinton West, North York, M6M 1R8
FOR SALE
$1,199,000
Sold
$1,075,000
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5
BEDROOMS3
BATHROOMS3
KITCHENS12 + 4
ROOMSW8335018
MLSIDContact Us
Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-05-13 | 2024-05-24 | 11 | $1,199,000 | $1,075,000 | Sold |
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Property Description
Excellent Investment Opportunity! 2-storey detached triplex, offering ample onsite parking and a detached garage. 2 units Vacant. Potential Income over $88k/year, the main & 2nd floors feature spacious 2-bed + 1-bath apartments boasting eat-in kitchens. The lower level presents a cozy 1-bed + 1-bath unit, each with two entrances for added convenience. Enjoy a spacious backyard for outdoor recreation and direct transit access. Centrally located near parks, shops, restaurants, and the upcoming Eglinton LRT (2-min walk), this property promises convenience and growth potential. Explore possibilities to expand, including adding another floor, a garden suite, and coin laundry for additional future income. While some cosmetic updates are needed, this property presents a remarkable opportunity for savvy investors.
Extras
Main Floor $1,025/month, Basement & Upper Vacant, Main may be vacant by End of July
Nearby Intersections
Keele & Eglinton (14)
Property Features
Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Triplex, 2 1/2 Storey
Lot Size
25' x 133'
Fronting
South
Taxes
$4,657 (2023)
Basement
Apartment
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Mutual
Garage Type
Detached
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Rarely available detached legal triplex with laneway access, offering exceptional investment potential. This well-maintained property has been extensively upgraded and features three spacious 2-bedroom units, each with separate hydro and gas meters. Fully leased with reliable tenants, each unit boasts dual exits for added safety and convenience. Rear parking accommodates three cars, with additional front parking available. Nestled on a tranquil cul-de-sac mere steps from public transit and the future LRT, this property includes shared coin-operated laundry facilities to maximize rental income. Explore the opportunity to add a laneway house for further value. Totaling 2,208 sq ft, with a newer roof (6 years old), this property offers stability and growth potential. VTB not available, and property sold with tenants in place.
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