325 Gilbert Ave

Rare opportunity to own a purpose-built triplex in the highly sought-after Humewood-Cedarvale neighbourhood! This turnkey, income-generating property features two spacious 2-bedroom units and one 1-bedroom unit, each with well-designed layouts, and abundant of natural light. Both the main floor and upper unit boast private balconies, perfect for enjoying outdoor space. Enjoy ample parking with a mutual driveway, currently exclusive to the owner as they also own 329 Vaughan Rd. These properties can be purchased together or separately, offering incredible investment flexibility. Situated in a top-rated school district, including Humewood Community School and Forest Hill Collegiate, this prime investment offers strong rental demand in a family-friendly area. Steps from Cedarvale Park, St. Clair West, shops, restaurants, transit (TTC & LRT), and more, making it ideal for both investors and end-users.This is your chance to build generational wealth with a solid multi-unit property in a high-appreciation Toronto neighbourhood. Endless potential don't miss out on this rare opportunity! See Attachment for operating expenses and rent rolls.

All Units Leased at Market Rent INSTANT INCOME!! Upper Unit Leased for $2200/month + Utilities, Main Floor Leased for $2,000/month + Utilities, Basement Leased for $1600 + Utilities. This Detached Triplex Offers Three Self Contained Units, A Huge Lot, And Endless Potential. The Upper Two Units Each Have 2 Bedrooms, While The Lower Unit Features 1 Bedroom. All Units are Freshly Painted. The Property Includes 5 Parking Spaces, A Single Car Garage With A Brand New Garage Door, And Potential for An Additional Garden Suite. Enjoy A Large Private Backyard, Completely Fenced In. Roof 2018. A/C, Furnace, & Windows 2010. HWT Rental. Easy To Show. Walking Distance to Groceries, Stores, Shopping, Dining, Parks, Trails, & So Much More. TTC At Your Doorstep. Extremely Convenient Location!

This Legal Triplex Is Situated in one of Toronto's most vibrant and evolving neighbourhoods. The property features a versatile work-live unit on the main floor, plus 2 apts on the second floor with one furnished for short term rental, plus a basement apt. offering immediate cashflow. This downtown located across the new condo development revitalization steps to Kensington Market, Chinatown & Bathurst is ripe for future development. The building is also approved for its rear and third story addition to convert into a mixed use with 6 residential unit and main floor commercial. Already zoned commercial (CR). The architectural plan included is an approved proposal for a rear and 3rd story addition to convert the building into 6 residential units and main floor commercial. Only building permit is required.