Description

Welcome to 59 Columbine Ave, a fully renovated triplex in the heart of the highly sought-after Beaches neighborhood. This property features 3 self-contained apartments, each with its own hydro meter, making it perfect for co-ownership or as an income-generating investment (5.39% cap rate at market rents). A grand luxurious main floor unit can act as an owner's suite (3 bed, 1 + 1 bath) was fully renovated in 2023 with a stunning chef's kitchen, powder room, and bathroom. Recent upgrades include a new roof (2023), skylight, and efficient heat pumps installed. City gas hookup is scheduled for Nov 2024 for on demand hot water. Potential for a future 4plex conversion. A rare opportunity in an unbeatable location!

Property Details
  • Community: The Beaches
  • City: Toronto
  • Property Type: Residential
  • Style: Triplex(2 1/2 Storey)
  • Bedrooms: 3+ 2
  • Bath: 4
  • Garages: None (0.0 Space)
Highlight

MPAC triplex. Live w/ income from other units. 2 of 3 units vacant ready to move in/rent out. VTB & creative financing possible

Features
  • Exterior: Brick
  • Heating: Other , Electric
  • Sewer/Water Systems: Sewers , Municipal
Rooms
Room Level Dimensions Features
Living Main 4.05m X 6.99m Hardwood Floor, Large Window, Combined W/Kitchen
Kitchen Main 4.05m X 6.99m Combined W/Living, Renovated, Stainless Steel Appl
Dining Main 2.38m X 3.00m Hardwood Floor, Large Window, W/O To Yard
Br Lower 4.52m X 3.89m Hardwood Floor, Large Window, Large Closet
Br Lower 4.13m X 3.12m Laminate, Large Window,

Listing Contracted With: EXP REALTY