Added 1 week ago
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Type: Semi-Detached
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Style: 3-Storey
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Lot Size: 25 x 125 Feet
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Age: No Data
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Taxes: $13,240 per year
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Added: Jan 09, 2025 (1 week ago)
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Updated:
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Last Checked: 3 hours ago
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MLS®#: C11915436
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Listed By: Freeman real estate ltd.
Luxury, income-producing triplex located at the crossroads of Annex, Seaton Village, University, and Little Italy. This fully renovated property offers an incredible investment opportunity with $145K in annual rent and a 5% CAP rate (gross inc). Ideally situated steps from the revitalized Mirvish Village, min to UofT, and on the subway line, it boasts versatility, ample parking, and future potential for a laneway home. Whether expanding your portfolio or living in style while earning rental income, this property has it all, including a stunning 2-level, 3-4 bedroom owner-ready suite. Nestled in one of Torontos most vibrant, walkable neighborhoods, this triplex offers unparalleled convenience. Subway access, schools, parks, eclectic dining, and the amenities of Bloor, Bathurst, and Harbord Streets are all steps away, ensuring ultra-low vacancy risk. Each of the three fully renovated units features spacious layouts, modern kitchens, updated bathrooms, and private outdoor spaces. The 2nd/3rd-floor owner-sized suite exudes Manhattan-inspired luxury with exposed brick, a floating staircase, and west-facing windows that flood the space with light. The 3-4 bedroom design makes it ideal for those seeking both comfort and practicality. The main-floor 2-bedroom unit features showroom-quality finishes, a private walk-out to the garden, and garage access. The basement suite, with its high ceilings, heated concrete floors, and sleek design, is a premium rental option. The exterior includes a private garden and a large 2-car garage, offering additional income potential or tenant convenience. With its prime location, thoughtfully upgraded interiors, and untapped laneway home potential, this turnkey triplex is a rare find in one of Torontos most dynamic neighborhoods. Dont miss this exceptional investment opportunity!
Extras
Strength in numbers: 555 & 557 Markham St. are also for sale (MLS). Maximize your economies of scale, or dream bigger and assemble 3 flagship properties in an A1 location.
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Property
Status: Sale
Property Type: Semi-Detached
Style: 3-Storey
Area: Toronto
Community: Palmerston-Little Italy
Availability Date: TBD
Inside
Bedrooms: 6
Bedrooms Plus: 2
Bathrooms: 4
Kitchens: 2
Kitchens Plus: 1
Rooms: 11
Den/Family Room: No
Air Conditioning: Wall Unit
Fireplace: No
Central Vacuum: N
Washrooms: 4
Building
Basement: Apartment
Basement 2: Sep Entrance
Heat Type: Water
Heat Source: Gas
Exterior: Brick
Water Supply: Municipal
Special Designation: Unknown
Parking
Driveway: Lane
Garage Spaces: 2
Garage Type: Detached
Total Parking Spaces: 2
Fees
Tax Year: 2024
Tax Legal Description: PT LT 6 PL 636 CITY WEST AS IN WB212872; CITY OF TORONTO
Taxes: $13,240
Highlights
Feature: Hospital
Feature: Library
Feature: Park
Feature: Place Of Worship
Feature: Public Transit
Feature: School
Land
Cross Street: Bathurst & Bloor
Municipality District: Toronto C01
Fronting On: East
Parcel Number: 212540221
Pool: None
Sewer: Sewers
Lot Depth: 125 Feet
Lot Frontage: 25 Feet
Rooms
Room details for 565 Markham Street, Toronto
| Type | Dimensions | Description |
|---|---|---|
| Living Main | 3.76 x 5.21 | Bay Window, Open Concept, Combined W/Dining |
| Kitchen Main | 2.51 x 5.21 | Stainless Steel Appl, Pantry |
| Br Main | 4.22 x 3.40 | Hardwood Floor, Window, Glass Block Window |
| Br Main | 3.40 x 2.95 | Hardwood Floor, W/I Closet, Picture Window |
| Mudroom Main | 2.67 x 1.32 | Closet, W/O To Garden |
| Living 2nd | 3.05 x 3.89 | W/O To Deck, Combined W/Dining, Bay Window |
| Kitchen 2nd | 2.59 x 5.03 | Open Concept, Beamed, Renovated |
| Br 2nd | 4.29 x 3.35 | Hardwood Floor, Picture Window, West View |
| Br 2nd | 3.73 x 3.00 | W/O To Deck, Hardwood Floor, East View |
| Br 3rd | 4.78 x 4.57 | Hardwood Floor, 3 Pc Ensuite, Closet |
| Br 3rd | 5.13 x 4.62 | Hardwood Floor, 3 Pc Ensuite, Double Closet |
| Kitchen Bsmt | 2.34 x 3.35 | Heated Floor, Open Concept, Combined W/Living |
Somewhat Walkable
- Some errands can be accomplished on foot.
Rider's Paradise
- Daily errands do not require a car.
Biker's Paradise
- Daily errands do not require a car.
Delta Senior Alternative School
Elementary: PublicSt Francis of Assisi Catholic School
Elementary: CatholicMontrose Junior Public School
Elementary: PublicClinton Street Junior Public School
Elementary: PublicPalmerston Avenue Junior Public School
Elementary: PublicKing Edward Junior and Senior Public School
Elementary: PublicMsgr Fraser Orientation Centre
Secondary: CatholicWest End Alternative School
Secondary: PublicMsgr Fraser College (Alternate Study) Secondary School
Secondary: CatholicLoretto College School
Secondary: CatholicHarbord Collegiate Institute
Secondary: PublicCentral Technical School
Secondary: Public-
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