243 Melrose St

Amazing opportunity to own this Legal Triplex situated in Prime Location in a quite street. 3 large self contained 2 bedroom apartment on each floor with great layout. Turnkey Investment With Various Options To Rent Out And/Or Live In. Newly paved driveway(2024) Vacant possession. Easy access to Hwy 401 and 409, Walmart, Costco and Smartcentres for shopping. **EXTRAS** 3 stoves, 3 fridge, 3 hydro metre, 3 hot water tank (owned). All measurements are approximate and to be verified by Buyer.

Must See This Small Investors' Immediate Rental Income Cash Cow! Legal Triplex In Mixed Commercial Residential Zoning For Multiple Uses & Unlimited Development Potential, A Total Of 3 Units' 3 Kitchens, 5 Brs & 2 Separated Hydro & Gas Meters! Huge Sunroom On 2nd & 3rd Fl Walk Out To Rooftop Deck. Fully Occupied By Triple A Tenants For Continuous Worry-Free Passive Income. Within Steps To St Clair Streetcar, Library & Laundromat.

Rarely available detached legal triplex with laneway access, offering exceptional investment potential. This well-maintained property has been extensively upgraded and features three spacious 2-bedroom units, each with separate hydro and gas meters. Fully leased with reliable tenants,each unit boasts dual exits for added safety and convenience. Rear parking accommodates three cars, with additional front parking available.Nestled on a tranquil cul-de-sac mere steps from public transit and the future LRT, this property includes shared coin-operated laundry facilities to maximize rental income. Explore the opportunity to add a laneway house for further value. Totaling 2,208 sq ft, with a newer roof (6 years old),this property offers stability and growth potential. VTB not available, and property sold with tenants in place.

Investment opportunity Triplex (month to month leases ) AND/OR move in to one of the apartments, in this desired location - minutes to TTC, Shopping ; Parks** Financial info on Schedule attached. Purchaser to assume tenants. Please allow at least 24 hrs for showings; Times as follows: Third floor: 10-1 Second floor: 10-3 Bsmnt: 9 -5

Whether you're a savvy investor, a house hacker, or looking for the perfect home for your family, this legal triplex is calling your name! Featuring three separately metered 2-bedroom units, 38 Pendeen offers a rare opportunity to generate consistent rental income or create a harmonious space for multi-generational living. Investors will love the steady cash flow potential, with all units move-in ready and separately metered for utilities. Homeowners can live comfortably in one unit while off setting expenses with rental income from the others a win-win for your financial future.On-site parking, a double car garage, and centralized laundry add value and convenience for tenants and owners alike. Nestled near picturesque parks and the Humber River Trail Network, this property offers an inviting lifestyle for outdoor enthusiasts. Commuters will appreciate the quick access to major highways, TTC, and essential amenities like shopping centers, grocery stores, and schools.This meticulously maintained property isn't just a home; its a smart financial move. Whether you're looking to grow your investment portfolio or secure your family's future, 38 Pendeen is the turnkey solution you've been waiting for. Dont let this opportunity slip away come see it for yourself and imagine the possibilities! **EXTRAS** *Separately Metered Units * Coin Operated Laundry * Roof Replaced 2021 * Bathrooms Renovated 2014 * Foundation Re-Waterproofed 2020 * Interior Stair Upgrade 2017 * New Kitchen In Unit 3 2019 * Quiet Neighbourhood * In - Demand Location*