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$1,400,000

MLS# E12657736

92 Donlands Avenue

Toronto E03, ON M4J 3P1

4

Bedrooms

3

Bathrooms

0

Sq Ft

0

Year Built

New Listing· Listed TodayPopular· 141 views todayHot Property· High interest
About This Property

Fully renovated legal triplex in a prime East York location, just 5-minute walk to Donlands Subway, moments to the shops, cafés & restaurants ofGreektown. Purchased in 2019 as a single-family dwelling, the property was extensively renovated & professionally converted into a legal triplexwith all required building permits, inspections & licensed contractors. Updates include electrical, plumbing, HVAC, kitchens, bathrooms, windows,flooring & major systems throughout. This turnkey income property has never experienced vacancy, consistently generating approximately$6,000 per month with excellent long-term tenants. The basement unit was vacated mid-December & is intentionally being held vacant to providethe new owner the option of living on-site while collecting income from the other units. The current rental income is slightly below market,offering upside potential & the asking price reflects a conservative & well-supported valuation. Each unit is fully self-contained with its ownkitchen, full-size laundry & designated outdoor space - rare & highly desirable features. Tenants enjoy dedicated backyard areas along withaccess to multiple decks, creating exceptional livability. Main floor features a beautifully finished 2-bedroom suite with a permitted solarium,offering heated floors a walk-out to a private deck & yard. The upper unit is a bright 1-bedroom with living room & eat-in kitchen. Basement suitewas professionally underpinned, rebuilt from the foundation up, featuring a separate entrance, full ceiling height, walk-out to a covered patio,excellent natural light. Additional highlights include a legal, city-approved parking pad (annual permit $360), sump pump & soak-away pit, ownedhot water tanks (including backup), newer furnace & A/C (under warranty), replaced windows & a backyard standalone deck. A rare opportunityto own a well-maintained, income-producing property in one of Toronto's most walkable & transit-connected neighbourhoods.

Property Details

Property Type

Residential Freehold

Year Built

N/A

Lot Size

N/A

Garage

N/A

Basement

N/A

Heating

N/A

Cooling

N/A

Parking Spaces

N/A

Location

Map View

92 Donlands Avenue, Toronto E03, ON

This property is located in:

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Mortgage Calculator

$1,400,000

20% ($280,000)

Minimum 5% for homes under $500K, 20% to avoid CMHC insurance

5.5%
25 years

Estimated Monthly Payment

$6,878

*Principal & Interest only. Does not include taxes or insurance.

Principal$1,120,000
Total Interest$943,334
Total Cost$2,343,334
Jagtar Singh

Jagtar Singh

RE/MAX Realty Specialists Inc.

Contact About This Property
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