230 Emerson Avenue
Dovercourt-Wallace Emerson-Junction, Toronto, M6H 3T6
FOR SALE
$1,799,000

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3 + 1
BEDROOMS3
BATHROOMS2 + 1
KITCHENS9 + 3
ROOMSW13047488
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Property Description
Welcome to a newly built, two-story detached home featuring three fully self-contained legal units! Nested in the vibrant Junction-Wallace Emerson neighborhood - an exceptional opportunity to own , thoughtfully designed for modern living and strong income potential. Each unit offers bright, open-concept living spaces, quality finishes, and well-planned layouts that balance comfort, style, and functionality. Designed with versatility in mind, this property is ideal for multi-generational living, savvy investors, or homeowners looking to offset their mortgage with additional rental income. Just a 10-minute walk to the subway, bus service at the corner, and a 15-minute walk to Dufferin Mall. Surrounded by schools, cafes, shops and everyday conveniences. Each unit features separate hydro/gas/water meters, electrical panels, individually controlled heating and cooling system with separate thermostats, and in-suite laundry, offering privacy, independence, and convenience. Step outside to discover the added value of laneway access with potential for a future laneway house (buyer to verify), offering a rare opportunity to expand and further increase income potential in one of Toronto's most in-demand neighborhoods. Whether you're expanding your portfolio or creating space for family under one roof, this home combines lifestyle, location, and long-term value. A rare chance to own in one of Toronto's most promising growth corridors.
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Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2022-03-01 | 2022-03-04 | 3 | $1,050,000 | $1,275,000 |
| 2012-06-04 | 2012-06-28 | 24 | $584,900 | $569,000 |
| 2011-09-02 | 2011-09-16 | 14 | $499,900 | $510,000 |
| 2007-06-09 | 2007-07-30 | 51 | $424,900 | $415,000 |
Nearby Intersections
Property Features
Auto Garage Door Remote, Separate Hydro Meter, Separate Heating Controls, Sump Pump, Upgraded Insulation, Water Meter
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Property Details
Address
230 Emerson Avenue
Community
City
Postal Code
M6H 3T6
Property Type
Triplex, Triplex
Lot Size
17' x 120'
Taxes
$4,246 (2025
Basement
Separate Entrance
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Garage Type
Detached
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Listing contracted with Bay Street Group Inc.
Great investment opportunity in a prime transit-oriented location along the new Eglington LRT line! Live in one unit and rent out the other two, or enjoy all three levels as a spacious home for the entire family. This well-maintained triplex features 3 separately metered units, parking, and excellent income potential. Conveniently located just steps to Eglinton West Station on the University line, and minutes to Allen Road, Highway 401, and downtown Toronto. Enjoy unbeatable convenience with shopping, restaurants, schools, and everyday amenities all within walking distance - an ideal property for investors, multigenerational families, or savvy homeowners looking to offset their mortgage with rental income.
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Great investment opportunity in a prime transit-oriented location along the new LRT line! Live in one unit and rent out the other two, or enjoy all three levels as a spacious home for the entire family. This well-maintained triplex features 3 separately metered units, parking, and excellent income potential. Conveniently located just steps to Eglinton West Station on the University line, and minutes to Allen Road, Highway 401, and downtown Toronto. Enjoy unbeatable convenience with shopping, restaurants, schools, and everyday amenities all within walking distance - an ideal property for investors, multigenerational families, or savvy homeowners looking to offset their mortgage with rental income.
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Stunning Triplex located in the Upper Beaches neighbourhood. Tastefully renovated from top to bottom, this property is the definition of a turnkey investment with current potential to generate $6200+/month in rental income. The ground floor boasts a spacious bachelor unit complete with murphy bed, full kitchen, and generous bathroom. The main floor unit has the potential to be converted into a commercial unit for a variety of uses, and includes an additional large storage space. Its clean and modern design is beautifully highlighted by large windows. The second floor unit contains a 2 bedroom, 2 bathroom split bedroom floorplan, accessed through private side deck. Current tenants pay $2600 + utilities. The third floor contains a 1 bedroom, 1 bath unit. Accessed through a rear private entrance and including an additional private outdoor deck. Currently tenanted month to month for $2100 + utilities, the Tenants show true pride in ownership and are willing to stay. The property features 2 car parking with a separate garage for a potential 3rd spot or garden suite. All mechanicals are owned, and units separately metered. Roofs replaced in 2021 and 2023. Each unit comes with stainless steel appliances and ensuite washer and dryer. Located at the corner of Woodbine & Cassels, 1 block south of Gerrard, you have the bus stop at your doorstep and the streetcar just steps away. Convenient location in a desirable neighbourhood, close to schools, parks, shopping, and minutes to the beach. This versatile property provides endless opportunities to maximize income potential: long term lease, short term rental, potential commercial space. With a total area measuring just over 2500 sq.ft., This property offers some of the best value for triplexes available in the upper beaches area. (Please note: some photos contain virtual staging)
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Legal triplex located in the Junction-Wallace pocket of West Toronto. Take advantage of this well-maintained and vacant property to place new market-rent paying tenants with the potential to earn over 7% on invested capital. Walking distance to Lansdowne station and the Bloordale village, and a walk score of 91, makes this legal triplex easy to rent. This well-maintained property comprises three two-bedroom units featuring bright interiors, hardwood flooring, private entrances, access to a rear yard, a new roof, and a new furnace. With no existing tenancies, the property offers a true blank slate for leasing at current market rents, repositioning through upgrades, or holding as a turnkey income asset. Located in a well-connected area with exceptional walkability to shops, restaurants, community centres, and schools, the property benefits from strong and consistent tenant demand. This unique investment opportunity is ideal for investors seeking reliable rental cash flow, long-term stability, and portfolio diversification. Selleris a Registered Real Estate Agent (RREA).
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Located in the heart of Toronto's vibrant Dufferin and St. Clair neighbourhood, this exceptional 6-bedroom triplex presents a rare opportunity for investors and end-users alike. Thoughtfully laid out with three self-contained units, this property offers both strong income potential and flexible living options. Each unit features spacious layouts with bright interiors, well-appointed kitchens, and comfortable living areas designed for modern urban living. The generous bedroom count across the property makes it ideal for maximizing rental income or accommodating multi-generational living. Situated just steps from transit, shops, restaurants, and everyday amenities along St. Clair Avenue West, the location is unbeatable. All 3 units combined income is over $88,000 per year gross! Brand new roof, plumbing and electrical. Upgraded 2.5 inch inlet water pipe connected to 2 water heaters to ensure water and pressure never run out! Coin operated laundry on lower floor for extra income! Easy access to downtown Toronto, parks, and schools further enhances the appeal for tenants and homeowners alike. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this is a standout opportunity in a high-demand area.
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A rare opportunity to purchase this high-performing LEGAL triplex just steps away from the Mount Dennis super transit hub. With an average 8.54% leveraged CAP rate, this fully renovated (gutted to the studs) triplex is an ideal investment to add to any portfolio. This turnkey opportunity offers three two-bedroom units, each spanning 1000 sq ft, each with a private ensuite washer and dryer, brand new appliances and fixtures, large windows with an abundance of natural light, new mechanicals and each unit is separately metered for hydro. The spacious backyard and detached garage offer an excellent potential for a garden suite, creating a rare opportunity to further increase the density and value. With a close proximity to a brand new public school, a nearby catholic school, excellent transit, and neighbourhood shopping, this central location ensures low vacancy and high-calibre tenants.
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