Rare opportunity to own a purpose-built triplex in the highly sought-after Humewood-Cedarvale neighbourhood! This turnkey, income-generating property features two spacious 2-bedroom units and one 1-bedroom unit, each with well-designed layouts, and abundant natural light. Both the main floor and upper unit boast private balconies, perfect for enjoying outdoor space, Main floor unit has exclusive access to the backyard. Enjoy ample parking with a mutual driveway, currently exclusive to the owner as they also own 327 Vaughan Rd. These properties can be purchased together or separately, offering incredible investment flexibility. Situated in a top-rated school district, including Humewood Community School and Forest Hill Collegiate, this prime investment offers strong rental demand in a family-friendly area. Steps from Cedarvale Park, St. Clair West, shops, restaurants, transit (TTC & LRT), and more, making it ideal for both investors and end-users.This is your chance to build generational wealth with a solid multi-unit property in a high-appreciation Toronto neighbourhood. Endless potential don't miss out on this rare opportunity! See Attachment for operating expenses and rent rolls. Basement Tenant will be vacating as of April 30, 2025. |
Price | $1,250,000 |
Taxes: | $5701.00 |
Assessment Year: | 2024 |
DOM | 1 |
Occupancy by: | Tenant |
Address: | 329 Vaughan Rd , Toronto, M6C 2N5, Ontario |
Lot Size: | 23.00 x 120.00 (Feet) |
Directions/Cross Streets: | Rushton Rd and Vaughan Rd |
Rooms: | 10 |
Rooms +: | 3 |
Bedrooms: | 4 |
Bedrooms +: | 1 |
Kitchens: | 2 |
Kitchens +: | 1 |
Family Room: | N |
Basement: | Apartment |
Property Type: | Duplex |
Style: | 2-Storey |
Exterior: | Brick |
Garage Type: | Detached |
(Parking/)Drive: | Mutual |
Drive Parking Spaces: | 0 |
Pool: | None |
Property Features: | Park, Public Transit, School |
Fireplace/Stove: | N |
Heat Source: | Gas |
Heat Type: | Water |
Central Air Conditioning: | Wall Unit |
Central Vac: | N |
Laundry Level: | Lower |
Sewers: | Sewers |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RE/MAX HALLMARK REALTY LTD. |
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Type: | Freehold - Duplex |
Area: | Toronto |
Municipality: | Toronto |
Neighbourhood: | Humewood-Cedarvale |
Style: | 2-Storey |
Lot Size: | 23.00 x 120.00(Feet) |
Tax: | $5,701 |
Beds: | 4+1 |
Baths: | 3 |
Fireplace: | N |
Pool: | None |