180 BEATRICE STREET

Toronto (Palmerston-Little Italy), ON M6G3G1

Exceptional Triplex in the Heart of Little Italy. Located on one of Little Italy's most coveted residential streets, 180 Beatrice Street presents a rare opportunity to own a Legal Triplex in one of Toronto's most vibrant and in-demand neighbourhoods. Just steps from College Street's restaurants, cafés, and transit, this property combines urban convenience with long-term investment stability. This extensively updated property features three self-contained units, each with private entrances, strong rental appeal, and excellent income potential. Unit 1 (main floor): 2 bed, 1 bath, currently rented at $3,280 (month-to-month). Unit 2 (upper two floors): Rented at $4,066/month to month. Lower unit (basement): Fully renovated in 2023, Rented $2,400/month. With premium rental rates, reliable tenants, and separate entrances for each suite, the property offers a seamless turnkey investment. Renovations to Units 1 and 2 were completed between 2018-2019. Additional highlights include: Two legal parking spaces, High-efficiency boiler and Mitsubishi heat pumps. Projected cap rate of approximately 4.79%This is a rare opportunity to secure a high-performing asset in one of Toronto's most enduring neighbourhoods. Whether you're a seasoned investor or planning to live in one unit while renting the others, 180 Beatrice delivers on both lifestyle and long-term value. (id:31684)

Listing courtesy of: ANDREW DOUMONT of KELLER WILLIAMS REFERRED URBAN REALTY

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