161 Wallace Ave Toronto, Ontario M6H 1V1

3058 sqft
Fully Air Conditioned


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 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


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


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



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