The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Truly turn-key & fully-leased legal triplex Roncesvalles! Full interior reconstruction completed under permit completed in 2018. Permits, plans, and progress photos for project available. Currently with the the current property management that was also responsible for both the project and stabilization of the property. || Buy with confidence that this property and its tenants will be the among the most trouble-free investment property opportunities. Very low operating costs with electricity, gas, and water heater rentals paid by tenants. || Thoughtfully designed to make the best of the existing structure with a 2-level 3-bedroom 2.5-bathroom upper 'primary' suite with east-facing balcony, then a 2-bedroom 1-bathhroom suite on the main floor with private enclosed rear yard. and finally a 1-bedro om 1-bathroom suite with private enclosed patio. || Laneway suite potential on portion of land existing garage occupies || Features and Finishes include: engineered wood flooring on above grade levels and carpet in the basement, pot lights throughout, stainless steel kitchen appliances, stone countertops and tile backsplashes in all suites, as of 2018 all new windows, electrical, plumbing, HVAC systems (each suite has separate HVAC systems). || Appliances: 3x electric stoves, 3x fridges, 3x dishwasher, 3x range hood fans, 2x range microwaves, 3x washers, 3x dryers. || Mechanicals: 2x gas forced air furnaces for main and upper, 1x heat pump for basement, 3x rental hot water tanks.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$10,537/mo
Mortgage (principal + interest)$9,726
Property taxFrom listing: $9,728/yr$811
Minimum 20% ($520,000 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$520,000
Ontario land transfer taxProvincial brackets, no first-time refund$51,475
Toronto land transfer taxMunicipal brackets, no first-time refund$51,475
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$625,750
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Toronto adds its own land transfer tax; first-time buyers can get up to $4,475 back on it.
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
