40
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$1,980,000
Est. payment /mo
New
61 Cameron ST Toronto C01, ON M5T 2H1
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision Kensington-Chinatown
MLS Listing ID C12028924
Style 2-Storey
Bedrooms 6
Annual Tax Amount $6,995
Tax Year 2024
Property Sub-Type Triplex
Property Description
Attention Investors! Excellent opportunity delivering a 5% cap rate (earn over $9,000 rental income per month). This triplex is located in a great location currently undergoing rapid gentrification in the heart of Kensington-Chinatown! Get in while you still can! 3 separate units with 2 spacious bedrooms in each. Zoned for commercial use as well which makes it suitable for live/work model. Live in one unit and rent out others for steady monthly cash flows! Upgraded kitchen in each unit with quartz counters. Steps to trendy Queen West & Spadina. Only a short walking distance to the future Ontario Line subway station construction underway at Queen & Spadina (completion 2031). Shared parking at rear of building.
Location
Province ON
County Toronto
Community Kensington-Chinatown
Area Toronto
Rooms
Family Room No
Basement Separate Entrance, Walk-Up
Kitchen 3
Interior
Interior Features Carpet Free, Separate Hydro Meter
Heating Yes
Cooling Window Unit(s)
Fireplace No
Heat Source Electric
Exterior
Parking Features None
Pool None
Waterfront Description None
Roof Type Flat
Lot Frontage 16.74
Lot Depth 80.07
Total Parking Spaces 2
Building
Foundation Brick
Others
ParcelsYN No
Virtual Tour https://www.winsold.com/tour/169508
Listed by DREAM HOME REALTY INC.