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161 Wallace Ave Toronto, Ontario M6H 1V1

3058 sqft
Fully Air Conditioned

$3,999,000

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"". (id:45475)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number W5594919
Property Type Multi-family
Community Name Dovercourt-Wallace Emerson-Junction
Parking Space Total 2

Building

Cooling Type Fully Air Conditioned
Size Exterior 3058 Sqft
Size Interior 3058 Sqft
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Size Irregular Bldg=25 X 112 Ft
Size Total Text Bldg=25 X 112 Ft

https://www.realtor.ca/real-estate/24330852/161-wallace-ave-toronto-dovercourt-wallace-emerson-junction

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