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6 + 2
BEDROOMS3
BATHROOMS2 + 1
KITCHENS12 + 5
ROOMSW8237658
MLSIDContact Us
Property Description
ATTENTION TO ALL INVESTORS!!! An amazing investment opportunity!! This large legal triplex, 3 bedroom apartments on each floor with balconies on a huge lot 50x120 feet with 100% occupancy, excellent Cap rate and great ROI brings you a good cash flow with a potential to increase. Located in the sought out "Sherway Gardens" community with easy access to parks, schools, Trillium Hospital, Humber College, Plazas, Grocery store, Banks, Highways & TTC. 15 mins from Toronto Downtown. This incredible, very well maintained property comes with lots of upgrades AC 2020, Furnace 2020, Windows 2012 & Floors 2019. Upgraded kitchens with quartz countertops, upgraded washrooms with glass standing showers. Don't miss this Opportunity!!!
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Property Features
Fenced Yard, Hospital, Park, Public Transit, School, School Bus Route
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Property Details
Street
Community
City
Property Type
Triplex, 2-Storey
Lot Size
50' x 120'
Fronting
West
Taxes
$5,600 (2024)
Basement
Apartment, Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 12.20' x 15.39' | Sliding Doors, W/O To Balcony |
| Kitchen | Main | 11.32' x 16.60' | Tile Floor, Eat-In Kitchen, Double Sink |
| Prim Bdrm | Main | 11.09' x 14.60' | B/I Closet |
| 2nd Br | Main | 12.43' x 12.63' | Double Closet |
| 3rd Br | Main | 8.73' x 12.63' | Double Closet |
| Living | 2nd | 12.20' x 15.39' | Sliding Doors, W/O To Balcony |
| Kitchen | 2nd | 1,131.89' x 16.60' | Eat-In Kitchen |
| Prim Bdrm | 2nd | 11.09' x 14.60' | |
| 2nd Br | 2nd | 12.43' x 12.63' | |
| 3rd Br | 2nd | 8.73' x 12.63' | |
| Living | Bsmt | 11.84' x 23.20' | Brick Fireplace |
| Kitchen | Bsmt | 10.96' x 16.60' |
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Etobicoke Market Statistics
Etobicoke Price Trend
246 Delta St is a 6-bedroom 3-bathroom home listed for sale at $1,950,000, which is $1,387,414 (41.6%) lower than the average sold price of $3,337,414 in the last 30 days (April 4 - May 3). During the last 30 days the average sold price for a 6 bedroom home in Etobicoke increased by $1,174,303 (54.3%) compared to the previous 30 day period (March 5 - April 3) and up $834,409 (33.3%) from the same time one year ago.Inventory Change
There were 31 6-bedroom homes listed in Etobicoke over the last 30 days (April 4 - May 3), which is up 40.9% compared with the previous 30 day period (March 5 - April 3) and down 8.8% compared with the same period last year.Sold Price Above/Below Asking ($)
6-bedroom homes in Etobicoke typically sold $45,580 (1.4%) above asking price over the last 30 days (April 4 - May 3), which represents a $97,013 increase compared to the previous 30 day period (March 5 - April 3) and $23,405 more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 6-bedroom homes in Etobicoke over the last 30 days (April 4 - May 3) stood at 64.5%, up from 40.9% over the previous 30 days (March 5 - April 3) and up from 29.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 6-bedroom 3-bathroom home in Etobicoke stood at 18 days when successfully sold over the last 30 days (April 4 - May 3), compared to 65 days before being removed from the market upon being suspended or terminated.Listing contracted with Ipro Realty Ltd
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Welcome to this exceptional investment opportunity in Corso Italia, Toronto! This triplex features three fully rented 2-bedroom units, each boasting a 4-piece bathroom for maximum tenant comfort. With the added convenience of four separate hydro meters and three separate hot water tanks, managing utilities is a breeze. The property includes coin laundry facilities, enhancing its appeal for both landlord and tenants. Enjoy the convenience of a 2-car detached driveway with Laneway access, making parking a hassle-free experience. Don't miss out on this turnkey investment with a solid rental history.
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100K+ gross income potential! Amazing Legal Triplex, property zoned for a 6 plex, park 4 car garage, three 2 bedroom units, its like owning 3 houses in one, close to the beaches, close to downtown, walking distance to the hockey arena, walking distance to Stan Wadlow Park, walking distance to conservation area trails, public pool, curling arena, everything you could ever want is close by.
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Excellent Opportunity for the right investor with plenty of room to grow, large 50 foot lot with12 ft on either side of building. Three large, 2 Bedroom apartments with living, dining and eat in kitchen. All units have 2 separate entrances. Four separate hydro meters & 3 hot water tanks. Please be courteous to long term tenants. 24 Hrs notice for all appointments.
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