312 ATLAS Avenue, Toronto, ON M6C 3P9

$1,299,000
3
BD
3
BA
2,000
SqFt

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List Price
$1,299,000
MLS#
C13080362
Status
ACTIVE
Type
Multifamily
SubType
Triplex
Style
2-Storey
Bedrooms
3
Bathrooms
3
Living Area
2000-2500
Province
ON
Municipality
Toronto
Area
Toronto
Neighborhood
Oakwood Village
Subdivision
Vaughan Rd

Property Description

Welcome to 312 Atlas Avenue, a solid all brick legal triplex in the heart of Oakwood Village, offering a rare opportunity for investors seeking a fully tenanted, income generating property in a prime Toronto location. This well-maintained building features three self-contained units including two spacious 2-bedroom suites and one 1-bedroom unit, all currently rented, providing immediate and stable cash flow. With four separate hydro meters and coin operated laundry on site, there is added convenience for tenants and additional income potential for the owner. The property includes a private driveway with parking for up to four vehicles at the rear, a highly desirable feature in this central neighborhood. Key updates include a newer roof and boiler within the past five years. Ideally located steps to Cedarvale Park, Leo Baeck, shops, restaurants, transit, Allen Road, Eglinton West Station and the upcoming LRT, this is a high demand rental area with strong long term appreciation potential. An exceptional turnkey investment in one of Toronto's most connected and evolving communities.

Additional Information

Taxes
$6,087
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Kitchens
2
Exterior
Brick
Garage Type
None
Pool
None
Parking Spaces
4
Parking Type
Private

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Calculator source: Real Geeks

Listing courtesy of RE/MAX ESCARPMENT GOLFI REALTY INC..