538 Caledonia Road
Caledonia-Fairbank, Toronto, M6E 4V4
FOR SALE
$1,299,999
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6 + 2
BEDROOMS3
BATHROOMS2 + 1
KITCHENS17
ROOMSW12732602
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Property Description
Discover an exceptional investment opportunity a fully legal triplex in Toronto with three spacious, self-contained units perfect for investors, multi-generational families, or buyers looking to live in one unit while renting out the others. First & second floors 2800 Sq. Ft of living space with 3 bedrooms, 1 bath, spacious living/dining, and large kitchens. The bright walk-out basement unit is roughly 1200 Sq. Ft. features 2 bedrooms, full bath, and private rear entrance. All 3 units have secure separate entrances. Perfect for investors, multi-generational living, or live in one and rent out the others for strong income potential. Convenient location close to schools, transit, parks, and shopping. Endless possibilities in a solid, income-producing property! Whether you're an investor seeking excellent rental income, a family looking to house relatives in separate suites, or a homeowner wanting to offset your mortgage by renting out multiple units, this property delivers outstanding flexibility and value.
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Nearby Intersections
Property Features
In-Law Suite, Private
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Property Details
Address
538 Caledonia Road
Community
City
Postal Code
M6E 4V4
Property Type
Triplex, Triplex
Lot Size
36' x 142'
Acreage
5,112.0 Feet
Taxes
$5,880 (2025
Basement
Apartment, Walk-Out
Exterior
Patio
Heat Type
Baseboard
Heat Source
Gas
Water
Municipal
Parking Spaces
3
Garage Type
Detached
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Listing contracted with Century 21 People`S Choice Realty Inc.
Solid Toronto Triplex Investment - Long-Term Hold Opportunity. Rarely offered, this three-unit triplex has been held by the same ownership for over 20 years. The property features three self-contained two-bedroom apartments, each with its own kitchen and living space, plus tenant parking, a detached garage, and coin-operated laundry for additional income. Located near Dufferin Street and Wilson Avenue in a low-vacancy Toronto neighbourhood that has seen steady redevelopment and infrastructure growth. Close to transit, schools, parks, and community amenities.As of April 1st only one unit will be vacant, the rest of the tenants to be assumed. All tenants to be assumed. Property is being sold as-is, where-is. All measurements, sizes, and area information are approximate and have been obtained from a previous listing; buyers to verify all information independently. Ideal for investors seeking stable rental income and long-term upside in an evolving area.
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