161 Wallace Ave Toronto, Ontario M6H 1V1

10 Bedroom 10 Bathroom
Central Air Conditioning Forced Air


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:40902)

Property Details

MLS® Number W5594906
Property Type Single Family
Community Name Dovercourt-Wallace Emerson-Junction
Parking Space Total 2


Bathroom Total 10
Bedrooms Above Ground 7
Bedrooms Below Ground 3
Bedrooms Total 10
Basement Development Finished
Basement Features Walk-up
Basement Type N/a (finished)
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Brick, Stone
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Type House


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



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