599 Euclid Avenue

Welcome to 599 Euclid Boulevard, Toronto, a splendidly maintained multi-family home for sale in Toronto that boasts a legal triplex with an additional fourth unit. Nestled in the vibrant and sought-after neighbourhood of Palmerston-Little Italy, this exceptional multiplex is an ideal opportunity for investors looking to secure a solid income stream in a prime location. Just a stone's throw away from the bustling Bloor Street and Bathurst Station, this property is perfectly positioned to attract quality tenants.

This multi-family home for sale in Toronto is generating an impressive rental income of over £8,500 per month, with the potential to exceed £10,000 monthly. The property is fully tenanted with reliable occupants, ensuring a steady cash flow. Each of the spacious units is self-contained, featuring its own kitchen and bathroom, providing tenants with the comfort and independence they desire. With four kitchens in total, including an additional kitchen, this property is designed for convenience and functionality.

As you explore 599 Euclid Boulevard, Toronto, you’ll find that the building is a charming 2½ storey structure, constructed over 100 years ago, showcasing a robust brick and concrete exterior. The total of 17 rooms includes five bedrooms and one den, making it a versatile space for various living arrangements. The property also features four bathrooms, ensuring ample facilities for all tenants. While there is no family room or fireplace, the units are equipped with central air conditioning, providing a comfortable living environment throughout the year.

One of the standout features of this multi-family home for sale in Toronto is the separate entrance to the finished basement, which adds an extra layer of privacy and accessibility. Although there is no swimming pool or central vacuum system, the property does benefit from municipal water and sewer services, ensuring all essential amenities are readily available.

Parking is a breeze with a private driveway that accommodates up to three vehicles, complemented by a detached garage that offers space for two cars. This added convenience not only enhances the property's appeal but also presents potential parking income of approximately £500 per month, further boosting your cash flow.

Situated on a generous lot measuring 31 x 125 feet, 599 Euclid Boulevard, Toronto, is enveloped by a quiet, tree-lined street that provides a peaceful atmosphere amidst the lively surroundings. The location is simply unbeatable, with easy access to public transport, Christie Pits Park, and a plethora of shops, restaurants, and local amenities. The neighbourhood boasts outstanding walk, transit, and bike scores, making it a prime spot for attracting quality tenants and ensuring long-term value.

In summary, this multi-family home for sale in Toronto is a remarkable investment opportunity that combines a prime location with solid rental income potential. With its spacious and updated units, reliable tenants, and additional income streams from laundry and parking, 599 Euclid Boulevard, Toronto, is a property that should not be missed. Whether you are an experienced investor or new to the market, this multiplex offers everything you need to succeed in the vibrant real estate landscape of Toronto. Don't miss your chance to own this exceptional property in the heart of Palmerston-Little Italy!

Palmerston-Little Italy is a vibrant and charming neighbourhood in Toronto, renowned for its rich cultural tapestry and eclectic atmosphere. Nestled between the bustling streets of College and Dundas, this area is characterised by its historic Victorian homes, tree-lined streets, and a delightful mix of cafés, restaurants, and boutique shops, many of which reflect its Italian heritage. The community buzzes with life, especially along College Street, where you can savour authentic Italian cuisine or enjoy a leisurely coffee at one of the many outdoor patios. With its close proximity to downtown and excellent public transport links, Palmerston-Little Italy offers both the convenience of urban living and a warm, welcoming environment that makes it an appealing choice for prospective residents.

Schools in the Neighbourhood

This property is ideally situated near several educational institutions, making it an attractive option for families. The closest school is Harbord Collegiate Institute, just 0.1 km away, offering secondary education for grades 9 to 12 with a commendable rating of 7.3. For younger children, Clinton Street Junior Public School is a mere 0.4 km away, providing elementary education from JK to grade 6, rated at 6.6. Delta Alternative Senior School, located 0.5 km away, serves grades 7 to 8, although it currently has no rating. Lord Lansdowne Junior Public School, 1.0 km away, offers French-language instruction for JK to grade 8, but also lacks a rating. St. Francis Assisi Catholic School, 0.6 km away, provides a Catholic education for JK to grade 8 with a rating of 4.7. Additionally, St. Joseph's College School, 2.0 km away, offers secondary education with a rating of 7.2. The area also features St. Mary Catholic School, which provides French-language instruction for younger students, located 1.9 km away. Overall, the proximity to various schools enhances the appeal of this property for families seeking quality education options.