Luxury, income-producing triplex located at the crossroads of Annex, Seaton Village, University, and Little Italy. This fully renovated property offers an incredible investment opportunity with $145K in annual rent and a 5% CAP rate (gross inc). Ideally situated steps from the revitalized Mirvish Village, min to UofT, and on the subway line, it boasts versatility, ample parking, and future potential for a laneway home. Whether expanding your portfolio or living in style while earning rental income, this property has it all, including a stunning 2-level, 3-4 bedroom owner-ready suite. Nestled in one of Torontos most vibrant, walkable neighborhoods, this triplex offers unparalleled convenience. Subway access, schools, parks, eclectic dining, and the amenities of Bloor, Bathurst, and Harbord Streets are all steps away, ensuring ultra-low vacancy risk. Each of the three fully renovated units features spacious layouts, modern kitchens, updated bathrooms, and private outdoor spaces. The 2nd/3rd-floor owner-sized suite exudes Manhattan-inspired luxury with exposed brick, a floating staircase, and west-facing windows that flood the space with light. The 3-4 bedroom design makes it ideal for those seeking both comfort and practicality. The main-floor 2-bedroom unit features showroom-quality finishes, a private walk-out to the garden, and garage access. The basement suite, with its high ceilings, heated concrete floors, and sleek design, is a premium rental option. The exterior includes a private garden and a large 2-car garage, offering additional income potential or tenant convenience. With its prime location, thoughtfully upgraded interiors, and untapped laneway home potential, this turnkey triplex is a rare find in one of Torontos most dynamic neighborhoods. Dont miss this exceptional investment opportunity!
Address
565 Markham St
List Price
$2,888,000
Property Type
Free
Type of Dwelling
Semi-Detached
Style of Home
3-Storey
Area
Toronto C01
Sub-Area
Palmerston-Little Italy
Bedrooms
6 + 2
Bathrooms
4
MLS® Number
C11915436
Listing Brokerage
FREEMAN REAL ESTATE LTD.
Postal Code
M6G 2L6
Tax Amount
$13,240.00
Tax Year
2024
