563 Birchmount Rd

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.

GREAT INVESTMENT PROPERTY, STEPS FROM SCARBOROUGH HOSPITAL. THREE 3-BEDROOM APARTMENTS. HARDWOOD FLOORS THROUGHOUT, FIRE SAFETY DOORS, NEW ROOF (2021), COIN OPERATED WASHER AND DRYER. PARKING SPACE FOR 6 CARS. FEW MINUTES RIDE TO SCARBOROUGH TOWN CENTRE. TRIPLEX, CAN BE RENTED OUT AS RESIDENTIAL UNITS OR LIVE AND YOUR MORTGAGE IS PAID FOR BY YOUR TENANTS.

Basement Unit - Vacant - YOU SET THE RENTS!! Main Floor Leased for $2,000/month + Utilities, Upper Unit Leased for $2200/month + Utilities - INSTANT INCOME!!! This Detached Triplex Offers Three Self Contained Units, A Large 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. Easy To Show.

Apartment #1 Renovation 2023, New Energy Efficient Heating System with Nest Thermostat (2023), Roof Vent Guards (Raccoon intruder prevention) 2022, Attic Insulation 2022, New Roof 2020, Stair Treads, Risers & Stairwell Flooring 2019, Coin-operated Washer & Dryer 2019, Driveway Pavement Resurface2017, Waterproof Foundation Seal 2017, Apartment #2 & #3 Washrooms Renovated 2010, Exterior Shed2009. High Demand location for Tenants. Walking distance to T T C, Parks, Lake Ontario, Humber College & 24 Hour Rabba. Close To Hw427, Q E W, Gardiner Exp way, 12 Minute Drive To Downtown.

Three immaculate suites are in the Highly Coveted Long Branch Community, steps from Humber College. Currently, one unit is vacant. This well-maintained, purpose-built triplex is ideal for investors or users. It has an extra-large configuration with lots of natural light for two 2-bedroom suites and one 1-bedroom. All three suites pay their hydro. Boutique shopping, parks, and family homes and minutes from Lake Ontario surround it.

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.

GREAT RESIDENTIAL TRIPLEX! OVER 7% CAP RATE POTENTIAL. PERFECT FOR INVESTORS OR MULTI-GENERATIONAL LIVING. UPDATED/RENOVATED THROUGHOUT. EACH OF THE THREE UNITS IS A VERY SPACIOUS, SELF-CONTAINED 2-BEDROOM, 4 PC BATH WITH FULL KITCHEN APARTMENT. 2 NEW KITCHENS (UNIT #2 & UNIT#3). UNIT #1 KITCHEN WAS RENOVATED PREVIOUSLY AS WELL. FLOORING IS A COMBINATION OF HARDWOOD FLOORING, ENGINEERED HARDWOOD FLOORING AND VINYL WATERPROOF PLANK FLOORING. BATHROOMS HAVE ALL BEEN UPDATED. UPDATED WINDOWS. WATERPROOFING WAS DONE NOT LONG AGO ALONG THE BUILDING FRONT WALL. PORCH RAILING IS ALSO AN UPDATE, AS WELL AS, THE FRONT ENTRY PORCH ITSELF. SAFETY SENSOR LIGHTS ON THE COMMON STAIRWAYS/LANDINGS. TWO OVERSIZED SINGLE GARAGES AT THE REAR OF THE BUILDING. OUTDOOR REAR STORAGE SHED. ON SITE LAUNDRY ROOM WITH COIN OPERATED MACHINES FOR TENANTS CONVENIENCE ALSO ADD TO YOUR REVENUE STREAM. NEW RENTAL HIGH EFFICIENCY BOILER SYSTEM. SMOKE DETECTORS. MAIL IS DELIVERED INDEPENDENTLY TO EACH MAILBOX. ALL 3 UNITS ARE SEPARATELY METERED! IMPECCABLY KEPT AND FRESHLY PAINTED! DEDICATED PARKING FOR EACH UNIT PLUS GUEST PARKING AVAILABLE. CLOSE PROXIMITY TO ALL AMENITIES. QUICK ACCESS TO SUBWAY/PUBLIC TRANSPORTATION AND HIGHWAY. DON'T MISS THIS OPPORTUNITY TO INVEST IN A PROPERTY WITH CONSISTENT RENTAL DEMAND AND AN EXCELLENT LOCATION. IDEAL FOR TURNKEY INVESTORS OR END-USERS. SELLER IS MOTIVATED TO SELL. A RARELY AVAILABLE RESIDENTIAL MULTIPLEX. RESIDENTIAL FINANCING IS AN ADDED VALUE. A WONDERFUL CHANCE TO START OR EXPAND YOUR INVESTMENT PORTFOLIO. THE PROPERTY IS IN STELLAR CONDITION AND TRULY A REMARKABLE OPPORTUNITY FOR BUYERS.