217 Kingston Road in Toronto

Turnkey Triplex in the Beach Triangle. Vacant & Ready to Cash Flow with over 6% projected Cap Rate! Incredible investment opportunity in one of Toronto's most desirable rental locations! This renovated triplex offers 2 stylish 1-bedroom units and 1 bright bachelor unit, each with private entrances, outdoor space, ensuite laundry, and modern finishes throughout. Perfect for house-hackers or savvy investors, where you can live in one and rent the rest, or lease all 3 for strong monthly income. Updates include brand-new kitchens and baths, new flooring, pot lights, and upgraded fixtures. Each unit has a separate entrance, ideal for maximizing privacy and rent. Includes 2 laneway parking spots, plus you're just steps to Queen St, the beach, parks, cafes, transit, and more. Strong rental demand, positive cash flow, and long-term growth potential make this a no-brainer. All units are vacant and ready for immediate occupancy or rental! See attached feature sheet and cash flow analysis for full financials.

General Info:

Property Type:: Residential Freehold

Property Sub Type:: Semi-Detached

Home Style:: 2-Storey

Approx. Age:: 51-99

Total Approx Floor Area:: 700-1100

Depth:: 103'11"31.7 m

Frontage:: 17'5⅞"5.33 m

Lot Shape:: Rectangular

Direction Faces:: South

Bedrooms:: 2

Bathrooms:: 3.0

Water supply:: Municipal

Kitchens:: 3

Kitchens in Basement:: 1

Bedrooms Above Grade:: 2

Kitchens Above Grade:: 2

Rooms Above Grade:: 6

Rooms Below Grade:: 2

Additional Info:

Heating type:: Forced Air

Heating Fuel:: Gas

Fireplaces:: 1

Foundation:: Brick

Roof:: Shingles

Basement:: Apartment, Separate Entrance

Fireplace Features:: Wood

Fireplace/Stove:: Yes

Garage:: None

Garage Spaces:: 0.0

Parking Features:: Lane

Parking Spaces:: 2

Total Parking Spaces:: 2.0

Family Room:: No

Possession Details:: Flexible

Pool:: None

Financial Info:

HST Applicable To Sale Price:: Included In

Taxes:: $4,255.97 / 2024

Assessment:: $- / -

Listing Area:

Toronto E02

Listing Sub-Area:

The Beaches

County Or Parish:

Toronto

Property Features / Area Influences:

Park, Public Transit, School, Beach

Interior Features:

Water Heater Owned, In-Law Suite, Accessory Apartment

Exterior Features:

Deck, Porch, Patio

Rental Items:

none

Inclusions:

3 fridges, 3 stoves, 2 range hoods, 3 washers, and 2 dryers. All light fixtures and ceiling fans. Wood stove on the second floor. Brand new kitchens, vinyl flooring, pot lights, and fixtures (2025). Roof replaced in 2015. Main sewer line and underground drainage replaced in 2012. Upper two units feature fully renovated bathrooms. Basement bathroom includes a new vanity and toilet. Hot water tank is owned (2015).

Lease to Own Equipment:

None

Exterior Finish:

Brick, Shingle

Elevator:

Waterfront:

None

Room Information: