33 Falstaff Avenue, Toronto | Image 1

33 Falstaff Avenue

Toronto, Rustic

  • Commercial

$1,100,000
For Sale

Added 1 day ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-2 To 5 Units

  • Zoning: Residential

  • Age: No Data

  • Taxes: 3705

  • MLS®#: W11998336

  • Days on Site: 1 Days

  • Added: Mar 03, 2025 (1 day ago)

  • Updated:

  • Last Checked: 8 hours ago

  • Listed By: HARVEY KALLES REAL ESTATE LTD.

This well-maintained and renovated (2022) three-unit property in the sought-after Rustic/Maple Leaf/Oakdale - Beverly Heights neighborhood offers a rare turnkey investment opportunity with a strong 8.5%+ cap rate. Featuring three well-managed units, the property has undergone extensive upgrades, including new kitchens and new baths, a new main-floor addition at the rear, a 200 AMP electrical panel, and a 1-inch water supply. Structural and exterior improvements include a new roof, new weeping tile in the front, new concrete slab at the front entry, a new sewer line with backflow preventer, and fresh driveway sealant. A brand-new furnace and new power-vented hot water tank (owned) ensuring energy efficiency. New flooring throughout all three floors of the house and freshly painted. Concrete patio slabs in the rear. This prime location provides easy access to shopping, transit, parks, and major highways(401/400/Black Creek), as well as to the Jane and Wilson Shopping Mall. With an estimated annual rental income of $104,000 and the possibility of full vacant possession, this property is ideal for investors or owner-occupiers looking for a high-yield, move-in-ready opportunity.

Property

  • Status: Sale

  • Type: Apts-2 To 5 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Area: Toronto

  • Community: Rustic

  • Availability Date: TBA

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Available

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • Elevator: None

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: Single Detached

  • Covered Parking Spaces: 4

Fees

  • Tax Year: 2024

  • Tax Legal Description: PCL C-6, SECT M520 PT BLK C, PL 66M520 DESIGNATED AS PT 24 66R10

  • Taxes: $3,705

  • Expenses: Est

  • Insurance Fee: 1976

  • Operating Fees: 10111

  • Heat Expenses: 1227

  • Taxes Type: Annual

  • Taxes: 3705

  • Tax Year: 2024

  • Water Fees: 1704

Land

  • Cross Street: Jane St and Falstaff

  • Municipality District: Toronto W04

  • Sewer: San+Storm Avail

  • Lot Depth: 120 Feet

  • Lot Frontage: 30 Feet

  • Zoning: Residential

Additional Media

  • Virtual Tour: https://www.houssmax.ca/vtournb/h9625972

Commercial Specific

  • Sprinklers: N

  • Total Area: 3606

  • Total Area Metric: Sq Ft

  • Lot Code: Lot

  • Financial Statement: Y

  • Gross Income/Sales: 104820

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Very Walkable

  • Most errands can be accomplished on foot.
75 /100

Good Transit

  • Some errands can be accomplished by public transportation.
66 /100

Somewhat Bikeable

  • Most errands require a car.
45 /100
JK-5

Highview Public School

Elementary: Public
0.96 km
JK-6

ÉÉC Saint-Noël-Chabanel-Toronto

Elementary: Catholic
1.31 km
JK-5

Pelmo Park Public School

Elementary: Public
1.11 km
JK-5

Weston Memorial Junior Public School

Elementary: Public
1.10 km
JK-5

Tumpane Public School

Elementary: Public
1.26 km
JK-8

St Bernard Catholic School

Elementary: Catholic
1.47 km
9-12

York Humber High School

Secondary: Public
3.01 km
9-12

Downsview Secondary School

Secondary: Public
2.71 km
9-12

Madonna Catholic Secondary School

Secondary: Catholic
2.66 km
9-12

Weston Collegiate Institute

Secondary: Public
1.34 km
9-12

Chaminade College School

Secondary: Catholic
0.97 km
9-12

St. Basil-the-Great College School

Secondary: Catholic
2.61 km
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