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6
BEDROOMS 4
BATHROOMS 3
KITCHENS 6 + 3
ROOMS X12979630
MLSID Contact Us
Property Description
Projected future rents for the triplex are estimated at $2,200/month for the upper level, $1,800/month for the ground level, and $1,500/month for the basement unit, resulting in an approximate annual Net Operating Income (NOI) of $57,000; tenants pay hydro, as all units are separately metered. Interior photos taken before current tenants moved in, come see the potential in person.
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Property Features
None, Private
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Property Details
Address
870 Queens Avenue
Community
City
Postal Code
N5W 3H6
Property Type
Triplex, Triplex
Lot Size
34' x 90'
Taxes
$5,544 (2025
Basement
Finished, Full
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
3
Garage Type
None
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Listing contracted with The Agency Real Estate
Excellent investment opportunity at 664 Cheapside Street! This fully rented licensed triplex offers immediate rental income with three self-contained units, including a spacious 3-bedroom main-floor unit, a well-appointed 2-bedroom second-floor unit, and a 2-bedroom basement unit, each with its own separate entrance. A turnkey addition to any investment portfolio, this property provides long-term potential. Ideally located close to schools, shopping, public transit, parks, and major transportation routes, making it an attractive option for tenants. Don't miss this exceptional income-generating property-schedule your private showing today!
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