This unique end-unit townhouse offers an exceptional investment opportunity, featuring three self-contained apartments, each with its own private entrance, kitchen and three-piece bathroom. The basement apartment features one bedroom and a spacious living and dining area. The main-floor one-bedroom ...apartment offers a private walkout to the rear deck, complete with space for a barbecue. The second and third floors form a spacious three-bedroom apartment with two balconies offering spectacular views. There is shared laundry equipment on the lower level, providing added convenience. A 2 car detached garage with direct access to the rear laneway presents exciting potential for a future laneway house, subject to approvals, offering additional income or development possibilities while maintaining the feel of a traditional residential property. Ideally situated just half a block north of College Street, in the vibrant College and Grace neighbourhood, the property is surrounded by the best of Little Italy, including popular restaurants, cafés, patios, independent boutiques and lively local shops. Enjoy easy access to public transit, parks, everyday amenities and the dynamic atmosphere of one of Toronto's most sought-after urban communities. With only the basement apartment currently rented and the main-floor and upper-level apartments vacant, this property offers investors an excellent opportunity to secure rental income, lease the vacant units at current market rates and explore its future income and development potential.
Full Property Details
Interior
Bedrooms
4
Bedrooms Plus
1
Total Bedrooms
5
Washrooms
3
Square Footage
1500-2000 sqft
Basement
Apartment
Heating Source
Gas
Heating Fuel
Forced Air
Air Conditioning
Central Air,Window Unit(s)
Family Room
No
Kitchens
2
Kitchens Plus
1
Total Kitchens
3
Fireplace Features
No
Bedrooms
4
Bedrooms Plus
1
Total Bedrooms
5
Washrooms
3
Square Footage
1500-2000 sqft
Basement
Apartment
Heating Source
Gas
Heating Fuel
Forced Air
Air Conditioning
Central Air,Window Unit(s)
Family Room
No
Kitchens
2
Kitchens Plus
1
Total Kitchens
3
Fireplace Features
No
Exterior
Depth
105.0
Front
17.58
Lot Size
18 x 105.0 ft
Pool
None
Parking Spaces
2
Total Parking Spaces
2.00
Parking Description
Detached
Garage Spaces
2
Depth
105.0
Front
17.58
Lot Size
18 x 105.0 ft
Pool
None
Parking Spaces
2
Total Parking Spaces
2.00
Parking Description
Detached
Garage Spaces
2
Building Description
Style
2 1/2 Storey
Home Type
Apartment
Subtype
Triplex
Property Orientation
West
Exterior Finish
Brick
Sewers
Sewers
Water Supply
Municipal
Possession Date
11/1/2026
Style
2 1/2 Storey
Home Type
Apartment
Subtype
Triplex
Property Orientation
West
Exterior Finish
Brick
Sewers
Sewers
Water Supply
Municipal
Possession Date
11/1/2026
Community
Community
Palmerston-Little Italy
Community
Palmerston-Little Italy
Taxes & Fees
Taxes
$7,021 /yr
Tax Year
2025
Occupancy
Owner+Tenant
Taxes
$7,021 /yr
Tax Year
2025
Occupancy
Owner+Tenant
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