25 Templar Drive
Kingsview Village-The Westway, Toronto, M9R 3C6
FOR SALE
$2,730,000
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3 + 2
BEDROOMS6
BATHROOMS3 + 2
KITCHENS20
ROOMSW12747374
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Property Description
Premium Purpose-Built Investment Opportunity, Not Subject To Rent Control. Exceptional Recently Completed 5-Unit Rental Property In Etobicoke, Featuring A Legal Fourplex Plus A Brand-New Garden Suite-Ideal For Investors Seeking Strong Cash Flow And Minimal Maintenance. 4 of 5 Units Are Rented Out to A+++ tenants. Each Of The Five Self-Contained Units Has A Private Entrance And Was Built To Qualify For The CMHC MLI Select Program (Buyer To Verify Eligibility). Units Are Energy-Efficient (See Energy Report Attached ) The Fourplex Was Fully Rebuilt Inside And Completed In December 2024, With New HVAC, Electrical, Plumbing, And Drain Systems Throughout. The Garden Suite Was Completed In October 2025 And Showcases 10' Ceilings And Premium Finishes. Fourplex Layout: Four 1-Bedroom / 1-Bathroom Suites (Two Upper, Two Lower). Garden Suite: One 1-Bedroom / 1.5-Bathroom Unit With High Ceilings.Currently, Three Units Are Leased To A++ Tenants. Tenants Pay Their Own Utilities, No Common Expenses In Buildings, Ensuring Strong Net Operating Income.Estimated Annual Potential Gross Rent Of $138,000. Buyer To Assume Development Charge Deferral Agreement With The City Of Toronto. Seller Prefers To Sell 100% Shares of Holding Corporation.
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Property Features
Accessory Apartment, Carpet Free, ERV/HRV, Separate Heating Controls, Sump Pump, Upgraded Insulation, Water Heater Owned
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Property Details
Address
25 Templar Drive
Community
City
Postal Code
M9R 3C6
Property Type
Multiplex, Multiplex
Lot Size
50' x 122'
Acreage
6,100.0 Feet
Taxes
$5,000 (2025
Basement
Apartment, Separate Entrance
Heat Type
Heat Pump
Heat Source
Gas
Water
Municipal
Parking Spaces
6
Garage Type
None
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Listing contracted with Right At Home Realty
Welcome to 1299 and 1301 Danforth Ave .This corner property is a rare turnkey investment opportunity offering strong cash flow with great cap rate in one of Toronto's most vibrant and transit-oriented corridors, directly across from Toronto Subway Greenwood Station. Close to 400K spend in renovation during past recent year to upgrade and improve the building and property is currently in excellent shape without requiring any budget for improvement. This fully income-producing mixed-use property features a prominent ground-floor commercial space with basement level occupied by an established restaurant tenant, along with an additional private office area in the basement ideal for owner use, professional office space, or potential supplementary income. The property also includes four fully furnished residential apartments comprised of two bachelor suites and two one-bedroom units, all currently leased and generating stable rental income. An additional rooftop billboard lease provides bonus monthly income under a flexible month-to-month agreement. Surrounded by thriving retail, restaurants, parks, schools, and everyday amenities, this exceptional asset combines immediate income stability, future upside potential, and outstanding exposure in the heart of the Danforth.Please ask the listing agent for full financials.Recent upgrades :New roof,New Heat pumps,New professional hood for restaurant, updated bathrooms,Meters are currently not separated but fees have been paid to Hydro for separate meters to be installed.New Flat Roof 2023,New Windows 2024,New Balcony Roof 2026.Property has been updated and renovated based on City codes fro commercial property and is an ideal hassle free investment property.
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Spectacular 5 Unit Apartment Building In The Beautiful Cabbagetown. Gorgeous One Bedroom SuitesFeaturing Hardwood Floors & Updated Kitchens And Bathrooms. Large Windows Allow For AnAbundance Of Sunlight Throughout All Suites. Four Identical Units On First And Second FloorsWith Large One Bedroom In Basement. Extremely Well-Maintained Building With Attention To Care. Bring Your Top Investors, They Won't Want To Miss This!!! Extras: New Appliances (2012/2013), New Furnace (2012), New Stack (2012), New Washer/Dryer(2013), Rebuilt Balconies (2012). Roof Flashing Done In 2017. New/Updated Kitchens, New/UpdatedBathrooms.
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