96 Wesley Street
Stonegate-Queensway, Toronto, M8Y 2W7
FOR SALE
$1,499,999
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5 + 1
BEDROOMS 3
BATHROOMS 3
KITCHENS 13 + 1
ROOMS W13520766
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Property Description
Attention investors, builders, and developers - an exceptional opportunity at 96 Wesley Street in the highly sought-after Stonegate-Queensway community. This 3,072 sq ft triplex sits on a lot that has been subdivided into two 25 x 125 ft parcels, with approvals in place for the construction of two detached homes. Development permits have been approved and are ready, with permit fees remaining to be paid. Architectural drawings for both detached dwellings are available.The existing property features three spacious self-contained units, offering a total of 5 bedrooms, 3 kitchens, and 3 full 4-piece bathrooms, providing immediate rental income while you plan your next project.With parking for up to 8 vehicles, including a private driveway and 2-car garage, this property offers strong holding potential and exceptional long-term value. Both subdivided lots must be sold together.Ideally situated with convenient access to the Gardiner Expressway and public transit, and just a short walk to Grand Avenue Park and Queensway Park. Surrounded by top-rated schools, local shops, restaurants, and everyday amenities, this is a rare development opportunity in one of Toronto's most established and desirable west-end neighbourhoods.Seller prefers this property to be sold together with 100 Wesley Street (MLS W13520460).
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Property Features
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Property Details
Address
96 Wesley Street
Community
City
Postal Code
M8Y 2W7
Property Type
Triplex, Triplex
Lot Size
50' x 125'
Taxes
$8,852 (2025
Basement
Apartment
Heat Type
Radiant
Heat Source
Gas
Water
Municipal
Parking Spaces
6
Garage Type
Detached
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Listing contracted with Re/Max Experts
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 NEWLY PAVED 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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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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Amazing Opportunity To Own This Solid Legal Triplex In Prime Location Situated On A Quiet Street Next To Schools & Parks. This Incredible Detached Property Offers 3 Self Contained Apartments W/ 4 Separate Hydro Meters. Main level updated kitchen with quartz countertop. Main and 2nd floor - new subfloor and vinyl plank flooring incl kitchen updated in 2019. Basement unit renovated 2019. All units Electrical panel upgraded to breaker (2019-2020). Excellent for Investors. 3 Car Parking Spaces With Mutual Drive. Close Proximity To New Eglinton Subway Line.
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Exceptional investment opportunity in the highly sought-after Downsview-Roding neighbourhood! This semi-detached triplex features three self-contained 2-bedroom units, offering outstanding income potential for investors or multi-generational families. Each spacious unit provides a functional layout with generous living areas, well-sized bedrooms, and plenty of natural light. Shared Laundry with Coin Washer / Dryer all in one Room! Situated on a quiet residential street, this property is conveniently located close to schools, parks, TTC transit, shopping, Humber River Hospital, York University, Downsview Park, and provides easy access to Highways 401, 400 and 407. Whether you're looking to expand your investment portfolio, live in one unit while generating rental income from the others, or accommodate extended family, this versatile property offers endless possibilities in a prime Toronto location. Rarely Offered for Sale!
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Renovated Legal Triplex In Toronto! Great Investment Opportunity! Main and second floors Feature Large two Bedrooms Apts And the basement unit is a large one Bedroom Apt. Three Parking Spots.. Both Two Bedrooms Units Have Same Layout 850 Sqft Each. One Bedroom Is 800 Sqft, All units have air conditioning, stainless steel appliances (stove, fridge, microwave and dishwasher)Great Location, Easy Access To Mimico Go Station, Qew, Kipling Subway. Walking Distance To Humber College, Lake Shore, Parks, Shops & Restaurants. Too many upgrades, please see attachments
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Purpose-built triplex offering a rare opportunity for investors to unlock immediate value. All three units are vacant, allowing the next owner to maximize current market rents, or update and push rent potential even higher from day one. The property features two spacious 2-bedroom suites, approximately +900 sq. ft. each, plus a bright 1-bedroom lower-level suite with above-grade windows, approximately 700 sq. ft. Every unit includes parking, a sought-after amenity that supports strong tenant demand. Whether you're expanding your portfolio or entering the multiplex market, this is an opportunity to acquire a solid purpose-built asset with substantial upside. Located in the sought-after Cliffside neighbourhood, this property is just minutes from Kingston Road's shops, restaurants, GO Transit, TTC, the Scarborough Bluffs, waterfront parks, and everyday conveniences. Additional features include separate hydro meters, a new furnace (2026), on-site laundry, and a private backyard.A stabilized pro forma and market rent analysis demonstrate the property's long-term income potential, making it an attractive investment in the growing Cliffside neighbourhood.
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Welcome to 71 South Bonnington Ave in the sought-after Birch Cliff/Cliffside community, this beautifully renovated 2-storey home offers a rare opportunity w 3/self-contained living spaces, exceptional flexibility for extended families, investors, or live in one with additional living spaces offering excellent income potential to help offset mortgage costs.. Each unit features modern finishes, renovated kitchens & stylish bathrooms, all freshly painted & move-in ready. The 2-bed upper-level suite is a true showstopper, featuring high ceilings, spectacular chef-inspired kitchen w/oversized island, high-end finishes, and a seamless open-concept flow into a warm & welcoming living area. The main floor continues the impressive design with a spacious 2 bed layout, a family-sized kitchen, and walkout to a private backyard oasis w/in-ground pool. The fully renovated lower level offers a comfortable 1-bed + 1 den suite with multiple windows, including a large egress window, providing excellent natural light & added flexibility. Set on a beautifully landscaped corner lot, the home enjoys a peaceful setting, w/window views framed by mature trees & a calm streetscape, creating a sense of openness, quiet & privacy. It features a fully fenced backyard, inground pool & a private driveway w/parking for 4 cars. Upgrades include most windows, furnace, roof & more. Located just steps to schools, GO station, grocery stores, parks, a playground, baseball diamonds, & community centre w/pool & skating rink, this family-friendly location offers everything within easy reach, convenient access to transit, the Beaches, & downtown TO. Don't miss out on this rare turnkey opportunity offering space & flexibility. Live in one unit in this great family-friendly neighbourhood and supplement your mrtge costs with approx$45,000/ yr in income for the 2 units!
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This home has the potential to generate $100k + annually. Vacant, turn-key home with the option of including all contents. So many possibilities - can be used as an AirBnB, traditional rental, multi-generational home, live in one unit and rent out the others or can easily be converted to a single family home with basement apartment. Close to TTC, Go train stop is being built at the top of the street at Bloor, UP Express a short walk. Lots of street parking. Pad parking at rear of home currently has a shed built on but can easily be removed. Quiet One way residential street with park just south.
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Rare legal triplex offering the potential for three fully self-contained units - an exceptional investment or multi-generational living opportunity! This fully renovated semi-detached home features a spacious 4-bedrooms, 2-bath main and upper unit, plus a finished basement apartment with a separate entrance, kitchen, great room, and bathroom. Lots of windows, very bright and spacious. Nestled in one of Toronto's most sought-after family neighbourhoods, just steps to Monarch Park and Greenwood Park with a pool, farmers' market, sports facilities, and off-leash dog park. Direct bus to Greenwood Station or an easy 10-minute walk to the Danforth and subway. A fantastic opportunity for investors and end-users alike!
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