312 ATLAS Avenue
York, Ontario
MLS® 40826819
$1,299,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 40826819
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- —
1 / 27Listing description
Welcome to 312 Atlas Avenue, a solid all brick legal triplex in the heart of Oakwood Village, offering a rare opportunity for investors seeking a fully tenanted, income generating property in a prime Toronto location. This well-maintained building features three self-contained units including two spacious 2-bedroom suites and one 1-bedroom unit, all currently rented, providing immediate and stable cash flow. With four separate hydro meters and coin operated laundry on site, there is added convenience for tenants and additional income potential for the owner.
The property includes a private driveway with parking for up to four vehicles at the rear, a highly desirable feature in this central neighborhood. Key updates include a newer roof and boiler within the past five years. Ideally located steps to Cedarvale Park, Leo Baeck, shops, restaurants, transit, Allen Road, Eglinton West Station and the upcoming LRT, this is a high demand rental area with strong long term appreciation potential.
An exceptional turnkey investment in one of Toronto’s most connected and evolving communities.
Property summary
- MLS® number
- 40826819
- Property type
- Multi-family
- Building type
- Triplex
- Square footage
- 2,189 sq ft
- Title
- Freehold
- Annual property taxes
- $6,087.11
- Parking
- 4 spaces
- Days on market
- 114 days
Features & details
- Heating
- Radiant heat, Natural gas
- Cooling
- None
- Basement
- Unfinished, Full
- Exterior features
- Brick
- Lot features
- Laundry- Coin operated
- Community features
- School Bus
What would this home cost you?
Based on the $1,299,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX Escarpment Golfi Realty Inc., Hamilton.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.