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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.
3 fridges, 3 stoves, 2 range hoods, 3 washers, and 2 dryers. All light fixtures and ceiling fans. Wood stove on the second floor. Brand new kitchens, vinyl flooring, pot lights, and fixtures (2025). Roof replaced in 2015. Main sewer line and underground drainage replaced in 2012. Upper two units feature fully renovated bathrooms. Basement bathroom includes a new vanity and toilet. Hot water tank is owned (2015).
City: Toronto
Neighborhood: The Beaches
Purchase Price | $999000 |
Down Payment | $199800 |
Mortgage Insurance | $0 |
Total Mortgage | $799200 |
Mortgage Payment | $4925 |
Property Taxes | $355 |
Maintenance Fees | $0 |
Monthly Payment | $5280 |
Sold Comparables homes near 217 Kingston Rd, Toronto
Located at 217 Kingston Rd , this Toronto house is available for sale. This property was listed for $999,000 on Thu Sep 11 2025. This house's size is 1100-1500 Sqft. It has 2 bedrooms and 3 bathrooms. The property includes the following rooms: Living, Kitchen, Br, Bathroom, Living, Kitchen, Br, Bathroom, Living, Br, Kitchen, Bathroom, Laundry. This property comes with 2 parking spots. 217 Kingston Rd, Toronto is situated in the The Beaches neighbourhood.
MLS#: E12395998 · $999,000 · 2 bedroom house in The Beaches, Toronto