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! EXTRAS Strength in numbers: 555 & 557 Markham St. are also for sale (MLS). Maximize your economies of scale, or dream bigger and assemble 3 flagship properties in an A1 location. (id:55598)
- MLS® C11915436
- Date Listed01/09/2025
- Days on Realty 1 Day
- Bedrooms 8
- Bathrooms 4 baths
- Lot Size -
- Sewer Other
- Subdivision Palmerston-Little Italy
- Property Type Single Family Residence
- Water Public
Interior Features
- Appliances Dryer, Refrigerator, Stove, Washer
- Flooring Hardwood
- Cooling Wall Unit
- Heating Hot Water Radiator Heat, Natural Gas
Exterior / Lot Features
- Roof -
- Lot Size Acres -
- Lot Size SQFT -
- Lot Features -
Nearby Schools
Source: School Digger
Sales & Tax History
Source: Public Records
96/100
Walker's Paradise
Walk Score ®
98/100
Rider's Paradise
Transit Score ®
100/100
Biker's Paradise
Bike Score ®
Overview
Daily errands do not require a car. World-class public transportation. Daily errands can be accomplished on a bike.Transit Summary
20 nearby routes: 15 bus, 5 rail, 0 other
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 83/100, Transit Score: 82/100, Bike Score: 80/100.
Points of interest near 565 MARKHAM STREET, Toronto (Palmerston Little Italy), ON M6G2L6
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Frequently Asked Questions for 565 MARKHAM STREET
Source: Realty.com
565 MARKHAM STREET, Toronto (Palmerston Little Italy), ON M6G2L6 is a Single Family Residence, Residential property listed for $2,888,000 The property is 0 sq. ft with 8 bedrooms and 4 bathrooms
Realty.com has 37 photos of 565 MARKHAM STREET.
The full address for this home is 565 MARKHAM STREET, Toronto (Palmerston Little Italy), ON M6G2L6.
565 MARKHAM STREET has been listed on Realty.com since Thu January 09, 2025
Daily errands do not require a car. World-class public transportation. Daily errands can be accomplished on a bike.
The average walkability score in the surrounding area is Walk Score: 83/100, Transit Score: 82/100, Bike Score: 80/100.
Listing provided courtesy of:
FREEMAN REAL ESTATE LTD.
(tel: (416) 535-3103)
Listing agent:
DANIEL TODD FREEMAN
(tel: (416) 937-5556)
This content last refreshed on 2025-01-10 04:14:21. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.