$1,150,000
$1,368,000
15.9%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
4 Baths
SOLD DATE : 07/07/2025
Key Details
Sold Price $1,150,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision Kensington-Chinatown
MLS Listing ID C12000358
Sold Date 07/07/25
Style 2-Storey
Bedrooms 5
Building Age 51-99
Annual Tax Amount $5,679
Tax Year 2024
Property Sub-Type Triplex
Property Description
This Legal Triplex Is Situated in one of Toronto's most vibrant and evolving neighbourhoods. The property features a versatile work-live unit on the main floor, plus 2 apts on the second floor with one furnished for short term rental, plus a basement apt. offering immediate cashflow. This downtown located across the new condo development revitalization steps to Kensington Market, Chinatown & Bathurst is ripe for future development. The building is also approved for its rear and third story addition to convert into a mixed use with 6 residential unit and main floor commercial. Already zoned commercial (CR). The architectural plan included is an approved proposal for a rear and 3rd story addition to convert the building into 6 residential units and main floor commercial. Only building permit is required.
Location
Province ON
County Toronto
Community Kensington-Chinatown
Area Toronto
Zoning Residential
Rooms
Family Room Yes
Basement Apartment, Finished with Walk-Out
Kitchen 3
Separate Den/Office 2
Interior
Interior Features Accessory Apartment
Cooling Central Air
Exterior
Parking Features Lane
Pool None
Roof Type Flat
Lot Frontage 18.5
Lot Depth 90.0
Total Parking Spaces 2
Building
Foundation Other
Others
Senior Community No
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