217 Kingston Road, Toronto
217 Kingston Road in Toronto - 2 bedroom, 3 bathroom. Sold for $960,000. Listed at $999,000.
Turnkey Triplex in the Beach Triangle. Vacant & Ready to Cash Flow with over 6% projected Cap Rate! Incredible investment opportunity in one of Toronto's most desirable rental locations! This renovated triplex offers 2 stylish 1-bedroom units and 1 bright bachelor unit, each with private entrances, outdoor space, ensuite laundry, and modern finishes throughout. Perfect for house-hackers or savvy investors, where you can live in one and rent the rest, or lease all 3 for strong monthly income. Updates include brand-new kitchens and baths, new flooring, pot lights, and upgraded fixtures. Each unit has a separate entrance, ideal for maximizing privacy and rent. Includes 2 laneway parking spots, plus you're just steps to Queen St, the beach, parks, cafes, transit, and more. Strong rental demand, positive cash flow, and long-term growth potential make this a no-brainer. All units are vacant and ready for immediate occupancy or rental! See attached feature sheet and cash flow analysis for full financials.
Property Details
- Property Type: Mortgage
- Style: 2-Storey
- Square Footage: 900 sqft
- Basement: Apartment
- Heating: Gas
- Cooling: None
- Parking: 2 spaces
- Property Taxes: $4,255.97/yr
- Neighbourhood: The Beaches
- Postal Code: M4L 1T5
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