Log in Sign up
Back to search Home Countries Unknown Toronto 92 Donlands Avenue
CAD1,400,000
92 Donlands Avenue
Toronto
4 beds 3 baths Tenant

About this home

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 facts

Property type
Tenant
Bedrooms
4
Bathrooms
3
Days on market
104 days

Location

Map unavailable
Approximate location · exact address shared on inquiry

Similar homes nearby

806-138 Downes Street, Toronto, ON, M5E 0E4
For Sale
CAD659,000
806-138 Downes Street, Toronto, ON, M5E 0E4
2 bd 2 ba Condo Apartment
Toronto
Listed by BAY STREET GROUP INC
909-88 Queen Street E, Toronto, ON, M5C 0B6
For Rent
CAD2,600/mo
909-88 Queen Street E, Toronto, ON, M5C 0B6
2 bd 2 ba Condo Apartment
Toronto
Listed by BENCHMARK SIGNATURE REALTY INC
804-1315 Bay Street, Toronto, ON, M5R 0E4
For Rent
CAD8,000/mo
804-1315 Bay Street, Toronto, ON, M5R 0E4
2 bd 2 ba Condo Apartment
Toronto
Listed by REAL ONE REALTY INC
4206-15 Lower Jarvis Street, Toronto, ON, M5E 1R7
For Rent
CAD3,850/mo
4206-15 Lower Jarvis Street, Toronto, ON, M5E 1R7
2 bd 2 ba Condo Apartment
Toronto
Listed by T-ONE GROUP REALTY INC
2001-501 Yonge Street, Toronto, ON, M4Y 0G8
For Sale
CAD559,000
2001-501 Yonge Street, Toronto, ON, M4Y 0G8
1 bd 1 ba Condo Apartment
Toronto
Listed by HOMELIFE LANDMARK REALTY INC
1401-1055 Bay Street, Toronto, ON, M5S 3A3
For Sale
CAD688,000
1401-1055 Bay Street, Toronto, ON, M5S 3A3
2 bd 1 ba Condo Apartment
Toronto
Listed by HOMELIFE LANDMARK REALTY INC
301-3100 Keele Street, Toronto, ON, M3M 0E1
For Sale
CAD725,000
301-3100 Keele Street, Toronto, ON, M3M 0E1
2 bd 2 ba Condo Apartment
Toronto
Listed by RIGHT AT HOME REALTY
510-68 Esther Shiner Boulevard, Toronto, ON, M2K 0J6
For Rent
CAD3,800/mo
510-68 Esther Shiner Boulevard, Toronto, ON, M2K 0J6
2 bd 2 ba Condo Apartment
Toronto
Listed by PROMPTON REAL ESTATE SERVICES CORP
CAD1,400,000
4 bd · 3 ba
Contact agent
Listed by agent
Contact this agent
Log in Sign up