50 Arcadian Circle Toronto, Ontario M8W 2Y9

$1,700,000

Fully renovated turnkey triplex in Long Branch, steps from Lake Promenade. Currently fully rented and generating $7,050/month or $84,600/year in gross rental income, with the main and upper units at $2,600/month each and the lower unit at $1,850/month. Approx. annual operating costs are $12,318, making this a strong income-producing property in an established west Toronto neighbourhood.The property includes two 2-bedroom, 2-bath suites on the main and upper floors, plus a 2-bedroom, 1-bath lower-level suite. Main and upper units feature bright layouts, crown mouldings, pot lights, granite counters, stainless steel appliances and good closet space. The upper unit also includes in-suite laundry and rear patio access. The lower unit offers an open living and kitchen area, radiant floor heating and porcelain tile.Extensively renovated in 2019/2020, including roof, windows, exterior doors, insulation, plumbing, copper wiring, 200-amp service, three HVAC systems and owned on-demand hot water. Each unit has its own HVAC system and hydro meter, with four electrical meters in total including common areas.Close to Lake Ontario, waterfront parks and trails, Long Branch Village, Humber College, TTC and Long Branch GO. A well-maintained, fully rented triplex with current income and major building upgrades already completed. (id:55460)

Property Details

MLS® Number	W13744530
Property Type	Multi-family
Community Name	Long Branch
Amenities Near By	Marina, Park, Public Transit, Schools
Features	Lighting, Carpet Free
Parking Space Total	5
Structure	Deck, Porch, Shed

Building

Bathroom Total	5
Bedrooms Above Ground	6
Bedrooms Total	6
Amenities	Separate Electricity Meters, Separate Heating Controls
Basement Features	Apartment In Basement, Separate Entrance
Basement Type	N/a, N/a
Cooling Type	Central Air Conditioning
Exterior Finish	Stucco, Brick
Fire Protection	Controlled Entry, Alarm System, Security System, Smoke Detectors
Foundation Type	Concrete
Half Bath Total	2
Heating Fuel	Natural Gas
Heating Type	Forced Air, Radiant Heat
Stories Total	2
Size Interior	2,000 - 2,500 Ft2
Type	Triplex
Utility Water	Municipal Water

Parking

Detached Garage
Garage

Land

Acreage	No
Fence Type	Fenced Yard
Land Amenities	Marina, Park, Public Transit, Schools
Landscape Features	Landscaped
Sewer	Sanitary Sewer
Size Depth	175 Ft
Size Frontage	25 Ft
Size Irregular	25 X 175 Ft
Size Total Text	25 X 175 Ft|under 1/2 Acre
Surface Water	Lake/pond
Zoning Description	Rd(f12;a370;d0.35)

Utilities

Sewer

Installed

https://www.realtor.ca/real-estate/30234640/50-arcadian-circle-toronto-long-branch-long-branch