180 BEATRICE STREET
Toronto, Ontario, Ontario, M6G3G1

Property description

Exceptional Triplex in the Heart of Little Italy. Located on one of Little Italy's most coveted residential streets, 180 Beatrice Street presents a rare opportunity to own a Legal Triplex in one of Toronto's most vibrant and in-demand neighbourhoods. Just steps from College Street's restaurants, cafés, and transit, this property combines urban convenience with long-term investment stability. This extensively updated property features three self-contained units, each with private entrances, strong rental appeal, and excellent income potential. Unit 1 (main floor): 2 bed, 1 bath, currently rented at $3,280 (month-to-month). Unit 2 (upper two floors): Rented at $4,066/month to month. Lower unit (basement): Fully renovated in 2023, Rented $2,400/month. With premium rental rates, reliable tenants, and separate entrances for each suite, the property offers a seamless turnkey investment. Renovations to Units 1 and 2 were completed between 2018-2019. Additional highlights include: Two legal parking spaces, High-efficiency boiler and Mitsubishi heat pumps. Projected cap rate of approximately 4.79%This is a rare opportunity to secure a high-performing asset in one of Toronto's most enduring neighbourhoods. Whether you're a seasoned investor or planning to live in one unit while renting the others, 180 Beatrice delivers on both lifestyle and long-term value.

Building information

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