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Rare opportunity to own a purpose-built triplex in the highly sought-after Humewood-Cedarvale neighbourhood! This turnkey, income-generating property features two spacious 2-bedroom units and one 1-bedroom unit, each with well-designed layouts, and abundant natural light. Both the main floor and upper unit boast private balconies, perfect for enjoying outdoor space, Main floor unit has exclusive access to the backyard. Enjoy ample parking with a mutual driveway, currently exclusive to the owner as they also own 327 Vaughan Rd. These properties can be purchased together or separately, offering incredible investment flexibility. Situated in a top-rated school district, including Humewood Community School and Forest Hill Collegiate, this prime investment offers strong rental demand in a family-friendly area. Steps from Cedarvale Park, St. Clair West, shops, restaurants, transit (TTC & LRT), and more, making it ideal for both investors and end-users.This is your chance to build generational wealth with a solid multi-unit property in a high-appreciation Toronto neighbourhood. Endless potential don't miss out on this rare opportunity! See Attachment for operating expenses and rent rolls. Basement Tenant will be vacating as of April 30, 2025.
3 fridges, 3 stoves, Coin operated washer and dryer. Wall Unit A/C on main and second level, 2 furnaces. All existing light fixtures attached to property
City: Toronto
Neighborhood: Humewood-Cedarvale
Purchase Price | $1250000 |
Down Payment | $250000 |
Mortgage Insurance | $0 |
Total Mortgage | $1000000 |
Mortgage Payment | $6162 |
Property Taxes | $475 |
Maintenance Fees | $0 |
Monthly Payment | $6637 |
Sold Comparables homes near 329 Vaughan Rd, Toronto
Located at 329 Vaughan Rd , this Toronto house is available for sale. This property was listed for $1,250,000 on Thu Feb 20 2025. This house's size is 23 x 120 Feet. It has 4 bedrooms and 3 bathrooms. The property includes the following rooms: Living, Kitchen, Dining, Primary, 2nd Br, Living, Kitchen, Dining, Primary, 2nd Br, Living, Kitchen, Br. This property comes with 1 parking spots. 329 Vaughan Rd, Toronto is situated in the Humewood-Cedarvale neighbourhood.
MLS#: C11980607 · $1,250,000 · 4 bedroom house in Humewood-Cedarvale, Toronto