312 ATLAS Avenue, York, Ontario, M6C3P9

Property Description

Welcome to 312 Atlas Avenue, a solid all brick legal triplex in the heart of Oakwood Village, offering a rare opportunity for investors seeking a fully tenanted, income generating property in a prime Toronto location. This well-maintained building features three self-contained units including two spacious 2-bedroom suites and one 1-bedroom unit, all currently rented, providing immediate and stable cash flow. With four separate hydro meters and coin operated laundry on site, there is added convenience for tenants and additional income potential for the owner. The property includes a private driveway with parking for up to four vehicles at the rear, a highly desirable feature in this central neighborhood. Key updates include a newer roof and boiler within the past five years. Ideally located steps to Cedarvale Park, Leo Baeck, shops, restaurants, transit, Allen Road, Eglinton West Station and the upcoming LRT, this is a high demand rental area with strong long term appreciation potential. An exceptional turnkey investment in one of Toronto’s most connected and evolving communities. (id:64974)

Quick Facts

• Property Type: Triplex (Freehold)
• Bedrooms: 5
• Bathrooms: 3
• Living Area: 2,189 sq ft (203.4 m²)
• Above Grade: 2,189 sq ft (203.4 m²)
• Ownership: Freehold
• Attached: Yes
• Parking: 4.0 spaces
• Frontage: 33 ft (10.1 m)

Costs

• Annual Taxes: $6,087.11

Listing Provided by: RE/MAX Escarpment Golfi Realty Inc.
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.