Live Comfortably for Less - While Building Wealth! Why choose between a beautiful home and a smart investment when you can have both? Welcome to this spacious, legal 2.5-storey triplex, offering a rare opportunity to live affordably in a full 4-bedroom home while generating steady rental income from two fully leased units. Whether you're an investor seeking strong cash flow or a homeowner looking for a lifestyle upgrade with mortgage relief, this property checks every box. Unit 1 - Your Future Home or Premium Owner's Suite. This is not your typical landlord unit. Spread across two and a half sun-filled stores, the main home offers: 4 generous bedrooms, 2 full bathrooms, A bright living and dining space with a charming decorative fireplace, Main floor Den or home office. A large kitchen ideal for hosting or family meals. Second-floor laundry for total convenience. Perfect for families, work-from-home professionals, multi-generational living, or anyone seeking comfort paired with financial freedom. Live here for under $1,600/month with rental income covering the rest! Units 2 & 3 - Reliable Income, Vacant Unit 2 - Basement Apartment, a spacious suite with a separate entrance, updated kitchen, 4-piece bath, and two generous bedrooms. Ideal for long-term rental stability. Unit 3 - Back Unit, A bright 1-bedroom apartment featuring its own kitchen and 3-piece bath - perfect for singles, students, or couples. Both units provide immediate, consistent income and make this property cash-flow positive from day one. Garage, Bonus Space & Expansion Potential. The detached 2.5-car garage (20x23 ft) with hydro adds tremendous value - use it for storage, a workshop, or explore: Conversion into a fourth rental unit. Creating a trendy coach house, adding a secondary dwelling on the existing pad. A rare chance to grow your income even further. Easy operation with onsite superintendent couple. (id:62499)
| MLS® Number | X12612142 |
| Property Type | Multi-family |
| Community Name | 216 - Dorchester |
| Equipment Type | Water Heater |
| Parking Space Total | 7 |
| Rental Equipment Type | Water Heater |
| Bathroom Total | 4 |
| Bedrooms Above Ground | 7 |
| Bedrooms Total | 7 |
| Amenities | Separate Electricity Meters |
| Basement Features | Apartment In Basement |
| Basement Type | N/a |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Stucco, Vinyl Siding |
| Half Bath Total | 1 |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Interior | 2,000 - 2,500 Ft2 |
| Type | Triplex |
| Utility Water | Municipal Water |
| Detached Garage | |
| Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 181 Ft |
| Size Frontage | 40 Ft |
| Size Irregular | 40 X 181 Ft |
| Size Total Text | 40 X 181 Ft |
| Cable | Available |
| Electricity | Installed |
| Sewer | Installed |
Contact us for more information
Oleg Chernyakhovsky
Broker
(416) 745-2300
(416) 745-1952
www.remaxwest.com/
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