C11915436

Price:
$2,888,000  For Sale
MLS® No:
C11915436
Intersection:
Bathurst & Bloor
Community:
Palmerston-Little Italy
Address:
565 Markham St, Toronto, Ontario, M6G 2L6
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Features

Property Type:
Semi-Detached
Property Style:
3-Storey
Land Size:
25 X 125Feet
Possession:
TBD
Annual Property Taxes (estimate):
$13,240 / 2024 Tax Year
Basement:
Apartment
Exterior Finish:
Brick
#Bedrooms:
6 + 2
#Bathrooms:
4
#Kitchens:
2 + 1
Garage Type:
Detached
#Garages:
2
Heat Source:
Gas
Heat Type:
Water
Central AC:
Wall Unit
Fire Place:
N
Pool:
None
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!
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.

Rooms

Room Type Size Description
Br 4.29 x 3.35m Hardwood Floor
Br 4.22 x 3.40m Hardwood Floor
Br 3.40 x 2.95m Hardwood Floor
Mudroom 2.67 x 1.32m Closet
Living 3.05 x 3.89m W/O To Deck
Kitchen 2.59 x 5.03m Open Concept
Living 3.76 x 5.21m Bay Window
Kitchen 2.51 x 5.21m Stainless Steel Appl
Br 3.73 x 3.00m W/O To Deck
Br 4.78 x 4.57m Hardwood Floor
Br 5.13 x 4.62m Hardwood Floor
Kitchen 2.34 x 3.35m Heated Floor
Listing Contracted With: FREEMAN REAL ESTATE LTD. (Independently Owned & Operated)
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.
Kevin ChouSale Representative Bus: 416-535-3103Direct: 647-273-1482
Yuhan KoSales RepresentativeDirect: 647-390-0822Bus: 416-535-3103
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