Multiplex on Millicent Street /// Invest in this turnkey triplex just steps to The Junction. Main floor suite will be vacant at the end of September. Can be an attractive owner occupied suite with income from upper and lower units. Located on picturesque leafy west-end street. There are great neighbours and real sense of community. A short walk to cute shops and cafes. Halo Brewery, Wallace Espresso, Cafe Neon and Sugo. Excellent local parks. Bike lanes in all directions. Close to Fresh Co, Food Basics and Shoppers Drug Mart. Only an 8 minute walk to the Lansdowne TTC Subway Station and a 5 minute ride to the UP Express and Bloor GO for easy access to Pearson Airport and Union Station. /// A well run investment - this home has been converted into 3 suites, listed at triplex on MPAC. Updated mechanicals; 100 amp service with breaker panel. Forced air gas furnace. Central air conditioning. Each suite has its own ensuite laundry. Street parking permits available. /// Suite A, is a main floor, one bedrooms suite with tall ceilings. Tenanted until September 30, 2024, rented for $2,275/month + $45 internet. Suite C, is an upper level, two bedroom suite with wonderful windows, big eat-in kitchen and contemporary bathroom. $2,395/month + $45 internet. Inherit wonderful tenants who share this suite, they are month to month but would like to sign an additional year term. They are tidy, friendly and great communicators. Suite B, A lower level suite with a dedicated back entrance. $1,635/month (inc.). A reliable tenant that takes great care of the entire building. Often available to help maintain the property - an ideal tenant. /// See attached financials with operating expenses and current rent roll. Easy to tour with 24h notice. Offers Anytime.
Address |
140 Millicent St |
List Price |
$1,279,000 |
Property Type |
Free |
Type of Dwelling |
Triplex |
Style of Home |
2-Storey |
Area |
Toronto W02 |
Sub-Area |
Dovercourt-Wallace Emerson-Junction |
Bedrooms |
3 + 1 |
Bathrooms |
3 |
MLS® Number |
W9043413 |
Listing Brokerage |
REAL ESTATE HOMEWARD
|
Postal Code |
M6H 1W4 |
Tax Amount |
$5,043 |
Tax Year |
2024 |