55 Wales Avenue
Kensington-Chinatown, Toronto, M5T 1J3
FOR SALE
$1,690,000
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6 + 3
BEDROOMS 4
BATHROOMS 2 + 1
KITCHENS 8 + 4
ROOMS C14116726
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Property Description
A Rarely Offered Legal Triplex Townhome in a Prime Downtown Location of Toronto! An exceptional opportunity for investors seeking strong income potential, with the possibility of adding a laneway suite (subject to municipal approvals) for even greater value. Whether you're an investor looking to maximize rental income or an end user envisioning a spacious single-family home, this versatile property offers outstanding potential. Tucked away in a desirable, friendly neighbourhood near Kensington Market, this home is just steps from TTC, the University of Toronto, Toronto Western Hospital, Chinatown, local schools, vibrant markets, specialty shops, cafés, community centres, parks, and much more. Experience the best of downtown living in one of Toronto's most walkable neighbourhoods, with everyday conveniences and city attractions right at your doorstep!
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Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2010-09-10 | 2010-10-01 | 21 | $638,800 | $626,800 |
Nearby Intersections
Property Features
None
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Property Details
Address
55 Wales Avenue
Community
City
Postal Code
M5T 1J3
Property Type
Triplex, Triplex
Lot Size
17' x 140'
Taxes
$7,217 (2025
Basement
Finished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Garage Type
Detached
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Listing contracted with Right At Home Realty
Great Opportunity For Owner user or Investor In A Prime Neighborhood. Well Maintained Legal Triplex, Large. 2 X 3-Bedroom Units with 2 baths per unit, each unit approx. 1366 sq Ft, and 1X1-Bedroom Unit approx 866 sq. ft. including laundry, Attached 2-Car Garage, 2 Walkout Balconies, Separate Meters For Hydro and Gas, Coin-Operated Washer and Dryer.
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