565 Markham Street, Toronto, ON M6G 2L6, Toronto C01, ON
Bed 8
Bath 4
Luxury, income-producing triplex located at the crossroads of Annex, Seaton Village, University, and Little Italy. This fully renovated property offers an incredible investment opportunity with $145K in annual rent and a 5% CAP rate (gross inc). Ideally situated steps from the revitalized Mirvish Village, min to UofT, and on the subway line, it boasts versatility, ample parking, and future potential for a laneway home. Whether expanding your portfolio or living in style while earning rental income, this property has it all, including a stunning 2-level, 3-4 bedroom owner-ready suite. Nestled in one of Torontos most vibrant, walkable neighborhoods, this triplex offers unparalleled convenience. Subway access, schools, parks, eclectic dining, and the amenities of Bloor, Bathurst, and Harbord Streets are all steps away, ensuring ultra-low vacancy risk. Each of the three fully renovated units features spacious layouts, modern kitchens, updated bathrooms, and private outdoor spaces. The 2nd/3rd-floor owner-sized suite exudes Manhattan-inspired luxury with exposed brick, a floating staircase, and west-facing windows that flood the space with light. The 3-4 bedroom design makes it ideal for those seeking both comfort and practicality. The main-floor 2-bedroom unit features showroom-quality finishes, a private walk-out to the garden, and garage access. The basement suite, with its high ceilings, heated concrete floors, and sleek design, is a premium rental option. The exterior includes a private garden and a large 2-car garage, offering additional income potential or tenant convenience. With its prime location, thoughtfully upgraded interiors, and untapped laneway home potential, this turnkey triplex is a rare find in one of Torontos most dynamic neighborhoods. Dont miss this exceptional investment opportunity!
Property Highlights
For Sale
MLS NO.
C11915436
Type
Residential Freehold
Sub Type
Semi-Detached
Bedrooms
8
Bathrooms
4
Parking
2.0
Complete Property Details
Property Type
Residential Freehold
Sub Type
Semi-Detached
Transaction Type
For Sale
Status
Cancelled
Contract Status
Unavailable
MLS® Number
C11915436
Total Bedrooms
8
Bedrooms Above Grade
6
Bedrooms Below Grade
2
Total Bathrooms
4
Total Kitchens
3
Kitchens Above Grade
2
Kitchens Below Grade
1
Rooms Above Grade
11
Rooms Below Grade
4
Interior Features
None
Fireplace
No
Central Vacuum Yn
No
Construction
Brick
Roof
Unknown
Lot Width
25.0
Parking Features
Lane
Parking Total
2.0
Covered Spaces
2.0
Garage Type
Detached
Pool
None
Direction Facing
East
Cooling
Wall Unit(s)
Heat Source
Gas
Heat Type
Water
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
565 Markham Street, Toronto, ON M6G 2L6
City
Toronto C01
Neighbourhood
Palmerston-Little Italy
County / Region
Toronto
Province / State
ON
Postal Code
M6G 2L6
Cross Street
Bathurst & Bloor
List Price
$2,888,000
Annual Taxes
$13,240
Tax Year
2024
Legal Description
PT LT 6 PL 636 CITY WEST AS IN WB212872; CITY OF TORONTO
Possession Details
TBD
Listing Office
FREEMAN REAL ESTATE LTD.
Board
Toronto Regional Real Estate Board
Original Entry
2025-01-09T16:58:32Z
Media Updated
2025-01-09T17:19:47Z
Photos Updated
2025-01-09T17:19:47Z
Last Modified
2025-02-26T15:00:16Z
System Modified
2025-10-12T08:22:47.950973Z
MLS Status
Terminated
Architectural Style
3-Storey
Basement
Apartment, Separate Entrance
Ddfyn
Yes
Expiration Date
2025-06-30
Foundation Details
Unknown
Heat Source Multi
Gas
Heat Type Multi
Water
Hstapplication
No
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
212540221
Parking Spaces
0
Property Features
Hospital, Library, Park, Place Of Worship, Public Transit, School
Public Remarks
Luxury, income-producing triplex located at the crossroads of Annex, Seaton Village, University, and Little Italy. This fully renovated property offers an incredible investment opportunity with $145K in annual rent and a 5% CAP rate (gross inc). Ideally situated steps from the revitalized Mirvish Village, min to UofT, and on the subway line, it boasts versatility, ample parking, and future potential for a laneway home. Whether expanding your portfolio or living in style while earning rental income, this property has it all, including a stunning 2-level, 3-4 bedroom owner-ready suite. Nestled in one of Torontos most vibrant, walkable neighborhoods, this triplex offers unparalleled convenience. Subway access, schools, parks, eclectic dining, and the amenities of Bloor, Bathurst, and Harbord Streets are all steps away, ensuring ultra-low vacancy risk. Each of the three fully renovated units features spacious layouts, modern kitchens, updated bathrooms, and private outdoor spaces. The 2nd/3rd-floor owner-sized suite exudes Manhattan-inspired luxury with exposed brick, a floating staircase, and west-facing windows that flood the space with light. The 3-4 bedroom design makes it ideal for those seeking both comfort and practicality. The main-floor 2-bedroom unit features showroom-quality finishes, a private walk-out to the garden, and garage access. The basement suite, with its high ceilings, heated concrete floors, and sleek design, is a premium rental option. The exterior includes a private garden and a large 2-car garage, offering additional income potential or tenant convenience. With its prime location, thoughtfully upgraded interiors, and untapped laneway home potential, this turnkey triplex is a rare find in one of Torontos most dynamic neighborhoods. Dont miss this exceptional investment opportunity!
