8 Nineteenth Street Toronto (New Toronto), Ontario M8V 3L3

$1,399,999

This well-maintained, purpose-built triplex presents an exceptional investment opportunity in Toronto's sought-after Long Branch community. Positioned steps from Humber College and minutes from Lake Ontario, this property combines an excellent location with solid rental potential. The triplex features three immaculate self-contained suites spread across 2,655 square feet: two spacious 2-bedroom units on the second and third floors and one 1-bedroom unit on the partially below-grade level. Each suite is thoughtfully designed with separate kitchens and bathrooms, providing comfortable living spaces with natural light. Currently, the second-and third-floor apartments are tenanted month to month, while the lower-level unit is vacant, offering immediate rental income potential or the possibility of owner occupancy. All tenants pay their everyday area expenses, simplifying property management. The neighbourhood provides exceptional convenience with restaurants, medical facilities, and shopping within a 3-5 minute walk. Educational institutions, including Humber College, are just 5-10 minutes away on foot. The property's proximity to Lake Ontario and Colonel Sam Smith Park provides tenants recreational opportunities that enhance their quality of life. (Possibility to build additional Lane Way/Garden Suite property on site for even more rental income.) (id:49907)

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https://www.realtor.ca/real-estate/28057191/8-nineteenth-street-toronto-new-toronto-new-toronto