Approx 5.7% cap rate. Opportunity to own a detached triplex in the Upper Beaches, featuring 2 spacious self-contained 1-bedroom units & sun-filled 2 bedroom unit. The upper-floor unit boasts 2 balconies, main-floor unit offers a walkout to a deck and luscious backyard, and the lower unit has a separate entrance and $13,000 worth in upgrades. 1 unit is VACANT (upper level). Conveniently located just 5 minutes from The Beaches, Coxwell TTC Station, and Danforth GO. Additional highlights include a detached garage, on-site laundry, AC installed in 2019 and roof updated in 2017. 1 parking spot included.
Address
225 Gainsborough Road
List Price
$1,100,000
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
2-Storey
Area
Toronto E02
Sub-Area
Woodbine Corridor
County
Toronto
Bedrooms
2 + 1
Bathrooms
3
Lot Depth
100
Lot Size Units
Feet
Lot Width
25.84
MLS® Number
E12053912
Listing Brokerage
MYSAK REALTY INC.
Basement Area
Finished, Separate Entrance
Postal Code
M4L 3C7
Parking
Mutual
Parking Places (Total)
1
Tax Amount
$6,187.00
Tax Year
2024
Interior Features
Carpet Free
Property Features
Fenced Yard, Park, Public Transit
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
None
Construction Materials
Brick
Direction Faces
East
Fireplace
Yes
Foundation Details
Brick
Garage Type
Detached
Kitchens Total
3
Other Structures
Garden Shed
Pool Features
None
Roof
Asphalt Shingle
Sewer
Sewer