50, Arcadian, Long Branch, Toronto, Residential Freehold

MLS® Number W13744530
For Sale   $ 1,700,000
  • 6 beds | 
  • 5 baths | 
  • 4375 SQFT
Kate Naccarato
Kate Naccarato Sales Representative 416-779-6085
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Description

Residential Freehold Triplex For Sale.

Fully renovated turnkey triplex in Long Branch, steps from Lake Promenade. Currently fully rented and generating $7,050/month or $84,600/year in gross rental income, with the main and upper units at $2,600/month each and the lower unit at $1,850/month. Approx. annual operating costs are $12,318, making this a strong income-producing property in an established west Toronto neighbourhood.The property includes two 2-bedroom, 2-bath suites on the main and upper floors, plus a 2-bedroom, 1-bath lower-level suite. Main and upper units feature bright layouts, crown mouldings, pot lights, granite counters, stainless steel appliances and good closet space. The upper unit also includes in-suite laundry and rear patio access. The lower unit offers an open living and kitchen area, radiant floor heating and porcelain tile.Extensively renovated in 2019/2020, including roof, windows, exterior doors, insulation, plumbing, copper wiring, 200-amp service, three HVAC systems and owned on-demand hot water. Each unit has its own HVAC system and hydro meter, with four electrical meters in total including common areas.Close to Lake Ontario, waterfront parks and trails, Long Branch Village, Humber College, TTC and Long Branch GO. A well-maintained, fully rented triplex with current income and major building upgrades already completed.

Property Features: Marina, Park, Public Transit, School, Lake/Pond, Fenced Yard

Interior Features: Carpet Free, Separate Hydro Meter, Separate Heating Controls, Storage

Cross Street: Twenty Eight / Lake Promenade

Direction Faces: West

Key Facts

  • Days on: 0 days
  • Mls Status: New
  • Bedrooms Total: 6
  • Bedrooms Above Grade: 6
  • Den / Family Room: Yes
  • Bathrooms Total Integer: 5
  • Lot Width: 25.00
  • Kitchens Total: 3
  • Parking Total: 5
  • Parking Spaces: 3
  • Parking Features: Available
  • Garage Type: Detached
  • Heat Source: Gas
  • Heat Type: Forced Air
  • Cooling: Central Air
  • Lot Size Area: 4375 SquareFeet
  • Living Area Range: 2000-2500 Square Feet

Location 50, Arcadian, Long Branch, Toronto

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Kate Naccarato
Sales Representative 416-779-6085