$1,400,000

Semi-Detached

92 Donlands Avenue, Toronto, ON

2 DAYS
3+1
3
0
1100-1500
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Listed by RE/MAX REALTRON REALTY INC.

Property Highlights

Parking

1 space

Property Tax

$5,301/yr

Age

100+ yrs

Lot Size

< .50 ac

Style

2-Storey

Basement

Apartment, Finished with Walk-Out, Separate Entr., Walk-Up

Monthly Cost

$6,354/mo

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.

Monthly Cost

Monthly Mortgage$5,912
Property Tax ($5,301/yr)$442
Total$6,354

Price & Listing History

Schools

Location

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Rooms

Main Level

Bedroom: 3.03m × 2.95m
Bedroom 2: 2.41m × 3.30m
Foyer: 1.64m × 3.19m
Kitchen: 4.29m × 2.75m
Living Room: 4.29m × 3.61m

Second Level

Laundry: 0.76m × 3.03m
Bedroom: 2.94m × 4.03m
Kitchen: 2.85m × 3.49m
Living Room: 3.69m × 4.06m

Basement Level

Bedroom: 4.17m × 2.86m
Laundry: 1.69m × 1.69m
Utility Room: 0.42m × 3.85m
Living Room: 2.04m × 5.12m
Kitchen: 1.69m × 3.44m

Listing Presented By

iryna.tarabanovska@cirealty.com
CiRealty, Brokerage

CiRealty, Brokerage