17 Montcalm Avenue, Toronto (Briar Hill-Belgravia), M6E4N5

Home Overview

Description

Discover a rare opportunity to own a spacious detached duplex featuring three fully self-contained units in a rapidly growing Toronto neighbourhood. Undergoing new significant new housing developments. Live in one unit and rent the others or maximize your passive income with all units leased. Unit Breakdown: Two 4-bedroom, 2-bath apartments + one 5-bedroom, 2-bath apartment. Separate entrances, emergency exits, coin laundry, pot lighting throughout, meticulously maintained. Generating $16,000+ monthly gross income with $1,500 average monthly expenses. Strong ~7% cap rate reflecting solid returns and growth potential. Suitable for whole apartment rentals, room rentals, or short-term Airbnb leasing. Steps from Caledonia LRT, FreshCo, No Frills, Shoppers, restaurants, shops, schools, and 24-hour TTC access. Ideal for local and international investors seeking a turnkey, high-yield asset in a prime Toronto location with multiple income streams and low maintenance. Potential to build a garden suite; overnight permit parking available. Rent roll, expense details, and survey available upon request. (id:39198)

88 days

On Market

Multi-family

Property Type

$7,689 / Year

Est. Taxes

Duplex

Style

-

Garage

Apartment in basement, Separate entrance, N/A

Basement