17 MONTCALM AVENUE, Toronto, Ontario
$2,499,000
- 13 Beds
- 6 Baths
Discover a rare opportunity to own a spacious detached duplex featuring three fully self-contained units in a rapidly growing Toronto neighbourhood. Undergoing new significant new housing developments. Live in one unit and rent the others or maximize your passive income with all units leased. Unit Breakdown: Two 4-bedroom, 2-bath apartments + one 5-bedroom, 2-bath apartment. Separate entrances, emergency exits, coin laundry, pot lighting throughout, meticulously maintained. Generating $16,000+ monthly gross income with $1,500 average monthly expenses. Strong ~7% cap rate reflecting solid returns and growth potential. Suitable for whole apartment rentals, room rentals, or short-term Airbnb leasing. Steps from Caledonia LRT, FreshCo, No Frills, Shoppers, restaurants, shops, schools, and 24-hour TTC access. Ideal for local and international investors seeking a turnkey, high-yield asset in a prime Toronto location with multiple income streams and low maintenance. Potential to build a garden suite; overnight permit parking available. Rent roll, expense details, and survey available upon request. (id:23309)
- Listing ID: W12296339
- Property Type: Multi-family
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 17 MONTCALM AVENUE in Toronto Ontario. It was last modified on July 20th, 2025. Contact Brad Sauve to schedule a viewing or to discover other Toronto real estate for sale.