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$ 1,275,000
Est. payment /mo
New
150 Park ST Toronto E06, ON M1N 2P6
5 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Municipality Toronto E06
Subdivision Birchcliffe-Cliffside
MLS Listing ID E13622088
Style 2-Storey
Bedrooms 5
Annual Tax Amount $4,834
Tax Year 2025
Property Sub-Type Triplex
Property Description
Purpose-built triplex offering a rare opportunity for investors to unlock immediate value. All three units are vacant, allowing the next owner to maximize current market rents, or update and push rent potential even higher from day one. The property features two spacious 2-bedroom suites, approximately +900 sq. ft. each, plus a bright 1-bedroom lower-level suite with above-grade windows, approximately 700 sq. ft. Every unit includes parking, a sought-after amenity that supports strong tenant demand. Whether you're expanding your portfolio or entering the multiplex market, this is an opportunity to acquire a solid purpose-built asset with substantial upside. Located in the sought-after Cliffside neighbourhood, this property is just minutes from Kingston Road's shops, restaurants, GO Transit, TTC, the Scarborough Bluffs, waterfront parks, and everyday conveniences. Additional features include separate hydro meters, a new furnace (2026), on-site laundry, and a private backyard.A stabilized pro forma and market rent analysis demonstrate the property's long-term income potential, making it an attractive investment in the growing Cliffside neighbourhood.
Location
Province ON
County Toronto
Community Toronto E06
Area Toronto
Rooms
Family Room No
Basement Apartment, Separate Entrance, Walk-Up
Kitchen 3
Separate Den/Office 1
Interior
Interior Features Water Heater
Cooling None
Fireplace No
Heat Source Gas
Exterior
Parking Features Lane
Pool None
Roof Type Asphalt Shingle
Lot Frontage 30.0
Lot Depth 120.0
Total Parking Spaces 3
Building
Building Age 51-99
Foundation Concrete
Others
ParcelsYN No
Listed by REAL ESTATE HOMEWARD