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A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades.
Price
$1,399,000
Bedrooms
4 Beds
Bathrooms
3 Baths
Size
1100-1500 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$5022.22
Legal triplex located in the Junction-Wallace pocket of West Toronto. Take advantage of this well-maintained and vacant property to place new market-rent paying tenants with the potential to earn over 7% on invested capital. Walking distance to Lansdowne station and Bloordale village, and a walk score of 91, makes this legal triplex easy to rent. This well-maintained property comprises three two-bedroom units featuring bright interiors, hardwood flooring, private entrances, and access to a rear yard. With no existing tenancies, the property offers a true blank slate for leasing at current market rents, repositioning through upgrades, or holding as a turnkey income asset. Located in a well-connected area with exceptional walkability to shops, restaurants, community centres, and schools, the property benefits from strong and consistent tenant demand. This unique investment opportunity is ideal for investors seeking reliable rental cash flow, long-term stability, and portfolio diversification. Seller is a Registered Real Estate Agent (RREA).
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Contact MeTotal Monthly Payment
$5,945 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,119,200
Total Interest Payments
$690,055
Total Payment (Principal + Interest)
$1,809,255
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000

A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.