Toronto - Kensington-Chinatown
Listed For $1,888,000
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Attention Investors! Excellent opportunity delivering a 5% cap rate (earn over $9,000 rental income per month). This triplex is located in a great location currently undergoing rapid gentrification in the heart of Kensington-Chinatown! Get in while you still can! 3 separate units with 2 spacious bedrooms in each. Zoned for commercial use as well which makes it suitable for live/work model. Live in one unit and rent out others for steady monthly cash flows! Upgraded kitchen in each unit with quartz counters. Steps to trendy Queen West & Spadina. Only a short walking distance to the future Ontario Line subway station construction underway at Queen & Spadina (completion 2031). Dedicated 2 parking at rear of building.
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* Values are estimates only and not a guarantee of lending or affordability.
