177 WALLACE AVENUE, Toronto, Ontario M6H 1V3
$2,400,000.00
- 7 bedrooms
- 4 bathrooms
This property at 177 Wallace Ave presents a fantastic investment opportunity! Its a detached triplex with separate utilities for each unit, and being just a few minutes walk from Lansdowne subway Station makes it even more desirable. With the a very good rental income, its a strong income-producing asset. The recent upgrades are impressive, too. The old radiant/boiler system has been replaced with a new HVAC system, which includes a new AC, furnace, and hot water tank. Over the past year, the property has seen significant renovations, including new plumbing, lighting, electrical fixtures, and upgraded kitchens and bathrooms. The exterior has been ... read more
This property at 177 Wallace Ave presents a fantastic investment opportunity! Its a detached triplex with separate utilities for each unit, and being just a few minutes walk from Lansdowne subway Station makes it even more desirable. With the a very good rental income, its a strong income-producing asset. The recent upgrades are impressive, too. The old radiant/boiler system has been replaced with a new HVAC system, which includes a new AC, furnace, and hot water tank. Over the past year, the property has seen significant renovations, including new plumbing, lighting, electrical fixtures, and upgraded kitchens and bathrooms. The exterior has been refreshed with a brand-new porch and stonework. All of this has resulted in a stylish and modern property, with over $300,000 invested into the upgrades. Rental occupancy is 100%. (id:25417)
- Listing ID: W11953973
- Property Type: Single Family
| Property | |
|---|---|
| Lot Size: | 25.17 by 75 FT|under 1/2 Acre |
| Parking: | 2 Spaces |
| Building | |
|---|---|
| Type: | Single Family Triplex |
| Appliances: | Refrigerator, Stove, Washer and Dryer |
| HVAC: | Fireplace, Radiant Heat and Window Air Conditioner Natural Gas |
| Exterior: | Brick |
| Basement: | N/A (Finished) |
| Utilities: | Sanitary Sewer |
| Location | |
|---|---|
| City: | Toronto |
| Province: | Ontario |
| Nearby Amenities: | Community Centre, Public Transit and Schools |
| Rooms | Level | Dimensions |
|---|---|---|
| Living room | Second level | 5 m x 2.7 m |
| Kitchen | Second level | 4 m x 2 m |
| Bedroom | Second level | 3.5 m x 3 m |
| Bedroom | Second level | 3.5 m x 3.4 m |
| Bedroom | Second level | 3.5 m x 2 m |
| Living room | Ground level | 4 m x 3.2 m |
| Kitchen | Ground level | 4.5 m x 3 m |
| Bedroom | Ground level | 3.8 m x 3.2 m |
| Bedroom | Ground level | 3.8 m x 2.8 m |
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