Toronto, The Beaches, M4L 1P6
$1,659,000
Listed by EXP REALTY.
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!
MPAC triplex. Live w/ income from other units. 2 of 3 units vacant ready to move in/rent out. VTB & creative financing possible
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.