2979 Lawrence Ave E

Welcome to this exceptional legal triplex, a solid investment opportunity perfect for investors or multi-generational families seeking spacious, income-generating accommodations. This unique property features two very large 3-bedroom apartments with Balconies and one large 2-bedroom apartment, all with separate meters. Additional amenities include a commercial laundry (3.29m x 2.68m), 2+parking spaces and a large block garage at the rear. Tenants are responsible for their own hydro bills. Nestled in a park heaven, you'll find four parks and a plethora of recreational facilities within a 20-minute walk. Public transit is conveniently located right at your doorstep, with the nearest bus stop just a 2-minute walk away and the closest rail transit stop only a 10-minute walk away. The Top Flr. 3 Br. Apartment is currently vacant.

Rarely available detached legal triplex with laneway access, offering exceptional investment potential. This well-maintained property has been extensively upgraded and features three spacious 2-bedroom units, each with separate hydro and gas meters. Fully leased with reliable tenants, each unit boasts dual exits for added safety and convenience. Rear parking accommodates three cars, with additional front parking available. Nestled on a tranquil cul-de-sac mere steps from public transit and the future LRT, this property includes shared coin-operated laundry facilities to maximize rental income. Explore the opportunity to add a laneway house for further value. Totaling 2,208 sq ft, with a newer roof (6 years old), this property offers stability and growth potential. VTB not available, and property sold with tenants in place.