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$1,659,000
Est. payment /mo
5 BD
4 BA
Active
59 COLUMBINE AVE Toronto (the Beaches), ON M4L1P6
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision The Beaches
MLS® Listing ID E9416203
Bedrooms 5
Half Baths 1
Originating Board Toronto Regional Real Estate Board
Property Description
Welcome to 59 Columbine Ave, a fully renovated triplex in the heart of the highly sought-after Beaches neighborhood. This property features 3 self-contained apartments, each with its own hydro meter, making it perfect for co-ownership or as an income-generating investment (5.39% cap rate at market rents). A grand luxurious main floor unit can act as an owner's suite (3 bed, 1 + 1 bath) was fully renovated in 2023 with a stunning chef's kitchen, powder room, and bathroom. Recent upgrades include a new roof (2023), skylight, and efficient heat pumps installed. City gas hookup is scheduled for Nov 2024 for on demand hot water. Potential for a future 4plex conversion. A rare opportunity in an unbeatable location! **** EXTRAS **** MPAC triplex. Live w/ income from other units. 2 of 3 units vacant ready to move in/rent out. VTB & creative financing possible (id:24570)
Location
Province ON
Rooms
Extra Room 1 Second level 2.32 m X 3.28 m Kitchen
Extra Room 2 Second level 4.37 m X 3.18 m Living room
Extra Room 3 Second level 4.39 m X 4.14 m Bedroom
Extra Room 4 Third level 2.26 m X 4.59 m Living room
Extra Room 5 Third level 3.35 m X 4.59 m Bedroom
Extra Room 6 Third level 2.32 m X 3.39 m Kitchen
Interior
Heating Other
Cooling Wall unit
Flooring Hardwood, Laminate, Tile
Exterior
Garage No
Waterfront No
View Y/N No
Total Parking Spaces 2
Private Pool No
Building
Story 2.5
Sewer Sanitary sewer