Property Information:
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! **** EXTRAS **** MPAC triplex. Live w/ income from other units. 2 of 3 units vacant ready to move in/rent out. VTB & creative financing possible (id:27)
Building Features:
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Style:
Triplex
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Building Type:
Triplex
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Air Conditioning:
Yes
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Amenities:
Separate Heating Controls, Separate Hydro Meters
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Basement Development:
Finished
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Basement Type:
N/A
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Exterior Finish:
Brick
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Flooring Type:
Hardwood, Laminate, Tile
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Foundation Type:
Concrete
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Heating Type:
Other
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Heating Fuel:
Electric
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Cooling Type:
Wall unit
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Appliances:
Dryer, Refrigerator, Stove, Washer