3 Armstrong Avenue
Dovercourt-Wallace Emerson-Junction, Toronto, M6H 1V9
FOR SALE
$2,200,000
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3
BEDROOMS 3
BATHROOMS 3
KITCHENS 8 + 2
ROOMS W13841428
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Property Description
This great triplex is a testament to a modern renovation and quality build. It offers an unparalleled living experience in the city. Each unit has been meticulously rebuilt using quality materials, ensuring durability & aesthetic appeal. The property is a perfect blend of luxury, comfort, and convenience, making it an ideal choice for families, professionals, or investors. The owner's suite, spans the second and third floors, is a sanctuary of elegance and comfort. It boasts a luxurious 5 pc bathroom & eat-in kitchen equipped with ample space for cooking & dining, with wainscotting that adds a touch of sophistication to the space. The massive third-floor loft is a standout feature, with its vaulted ceilings creating an airy and expansive atmosphere. This area seamlessly combines an open concept offering versatility for work, leisure and sleep. A private outdoor deck extends from the loft, providing a perfect spot to unwind & enjoy stunning sunset views of the iconic CN Tower.The main floor suite exudes warmth and coziness, with a gas fireplace & open-concept living and kitchen area is designed for modern living, with a large centre island that serves as both a functional workspace and a gathering spot for family and friends. The stylish lower level suite with separate entrance, heated floors & featuring 9-foot ceilings that give it a spacious and open feel, rare for a basement suite. The natural light flooding the space enhances its appeal, making it a bright and cheerful environment & the lower level is perfect for tenant, a home office, creative studio or in-law space. The property also includes a double carport, providing convenient parking for two vehicles or adding a laneway unit. The fenced yard comes with a private patio & fully landscaped & is located in a desirable neighbourhood. This property is within walking distance to the subway station, making commuting a breeze. It is also close to a variety of popular cafes, restaurants, and shops on Bloor Street.
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Property Features
Accessory Apartment, In-Law Capability, Lane
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Property Details
Address
3 Armstrong Avenue
Community
City
Postal Code
M6H 1V9
Property Type
Triplex, Triplex
Lot Size
20' x 123'
Taxes
$9,246 (2026
Basement
Separate Entrance, Apartment, Finished with Walk-Out
Heat Type
Radiant
Heat Source
Gas
Water
Municipal
Parking Spaces
2
Garage Type
Carport
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Listing contracted with Homelife/Romano Realty Ltd.
Exceptional investment opportunity in one of Toronto's most desirable west-end neighborhoods. This truly LEGAL triplex has been completely rebuilt, offering a turnkey, income-producing asset with strong rental demand and low maintenance requirements. The property features an ideal unit mix of two one-bedroom apartments on the main and lower levels, along with a spacious three-bedroom upper-level suite, totaling approximately 2,212 sq. ft. of rentable area. Each suite is thoughtfully designed with contemporary finishes, a sleek kitchen with stainless steel appliances, in-suite laundry, bright open-concept living spaces, and walkout access to a private deck or patio. An exceptional opportunity to acquire a fully leased investment property with reliable income and outstanding long-term appreciation potential in one of Toronto's most sought after rental markets. Leveraged CAP rate of 8.66% with 30% down. Gross Income: $116,400; Expenses $17,750; Net Income: $98,650 in year 1.Offering Memorandum available.
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Discover a rare opportunity to own a legal, city-approved triplex that perfectly balances historic Toronto charm with high-end modern design. Extensively gutted and renovated from the studs in 2019, this turnkey property offers close to 3,000 square feet of thoughtfully optimized living space across three distinct, self-contained suites. This is a truly seamless addition to any investment portfolio or an ideal live-and-rent scenario. Behind the timeless brick facade, the home has been completely transformed. The 2019 renovations included modernized kitchens with quartz countertops, updated bathrooms, new windows, lighting, staircases, and a professionally underpinned lower level excavated to increase the ceiling height. A brand-new roof was installed in 2023. The property features three separate hydro meters, three gas meters, and dedicated laundry in every unit. The upper-level two-bedroom, two-bathroom suite is bathed in natural light from a striking skylight and blends modern finishes with beautifully preserved original red brick walls. It boasts a private balcony off the primary bedroom, a massive accessible attic for rare urban storage, and its own furnace and central air conditioning. The main-level one-bedroom suite features a bright, inviting layout highlighted by a charming, working wood-burning fireplace and a walk-out to a private outdoor patio. It is also serviced by its own furnace and central air. Accessed via a private rear entrance, the lower-level two-bedroom suite features warm exposed brick, high ceilings, modern vinyl flooring, and a bathroom with a sleek walk-in shower. Set on a deep lot with the potential to convert the rear garden into parking off the laneway, this exceptional triplex delivers flexibility, quality craftsmanship, and outstanding value. All three suites currently leased for $9,583 per month.
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