180 BEATRICE STREET new

Toronto (palmerston-little Italy),ON M6G3G1

$ 2239000

7 Beds

3 Baths

1500 SqFt


Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $1,492

Subdivision Palmerston-Little Italy

MLS Listing ID C12207686

Bedrooms 7

Property Sub-Type Freehold

Source Toronto Regional Real Estate Board

Property Description

Exceptional Triplex in the Heart of Little Italy. Located on one of Little Italy's most coveted residential streets, 180 Beatrice Street presents a rare opportunity to own a Legal Triplex in one of Toronto's most vibrant and in-demand neighbourhoods. Just steps from College Street's restaurants, cafés, and transit, this property combines urban convenience with long-term investment stability. This extensively updated property features three self-contained units, each with private entrances, strong rental appeal, and excellent income potential. Unit 1 (main floor): 2 bed, 1 bath, currently rented at $3,280 (month-to-month). Unit 2 (upper two floors): Rented at $4,066/month to month. Lower unit (basement): Fully renovated in 2023, Rented $2,400/month. With premium rental rates, reliable tenants, and separate entrances for each suite, the property offers a seamless turnkey investment. Renovations to Units 1 and 2 were completed between 2018-2019. Additional highlights include: Two legal parking spaces, High-efficiency boiler and Mitsubishi heat pumps. Projected cap rate of approximately 4.79%This is a rare opportunity to secure a high-performing asset in one of Toronto's most enduring neighbourhoods. Whether you're a seasoned investor or planning to live in one unit while renting the others, 180 Beatrice delivers on both lifestyle and long-term value. (id:24570)

Location

Province ON

Rooms

Kitchen 3.0

Extra Room 1 Second level 8.077 m X 4.013 m Kitchen

Extra Room 2 Second level 8.077 m X 4.013 m Living room

Extra Room 3 Second level 2.89 m X 4.01 m Bedroom

Extra Room 4 Third level 4.67 m X 3.25 m Bedroom

Extra Room 5 Third level 3.48 m X 3.05 m Bedroom

Extra Room 6 Basement 3.32 m X 2.59 m Living room

Interior

Heating Radiant heat

Cooling Central air conditioning

Flooring Hardwood

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 2

Private Pool No

Building

Story 3

Sewer Sanitary sewer

Others

Ownership Freehold

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