559a Birchmount Drive
Scarborough, Ontario M1K1P8

6 beds · 3 baths · 2394 sqft

Welcome to this exceptional legal triplex, a solid investment opportunity perfect for investors or multi-generational families seeking spacious, income-generating accommodations. This unique property features two very large 3-bedroom apartments with Balconies and one large 2-bedroom apartment, all with separate meters. Additional amenities include a commercial laundry (3.29m x 2.68m), 2+parking spaces and a large block garage at the rear. Tenants are responsible for their own hydro bills. Nestled in a park heaven, you'll find four parks and a plethora of recreational facilities within a 20-minute walk. Public transit is conveniently located right at your doorstep, with the nearest bus stop just a 2-minute walk away and the closest rail transit stop only a 10-minute walk away. The Top Flr. 3 Br. Apartment is currently vacant. (id:39198)

Facts & Features

Building Type House, Detached

Year built 1968

Square Footage 2394 sqft

Stories 2

Bedrooms 6

Bathrooms 3

Parking 3

NeighbourhoodTECB - Clairlea-Birchmount

Land size under 1/2 acre

Heating type Baseboard heaters

Basement typeFull (Finished)

Parking Type Detached Garage

Time on REALTOR.ca6 days

This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.

Brokerage Name: GoWest Realty Ltd., Brokerage

Powered by: REALTOR.ca

Home price

$1,299,999

Start with 2% down and save toward 5% in 3 years*

* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.

$11,825 / month

Rent $10,457

Savings $1,368

Initial deposit 2%

Savings target Fixed at 5%

Start with 5% down and save toward 5% in 3 years.

$10,422 / month

Rent $10,137

Savings $285

Initial deposit 5%

Savings target Fixed at 5%

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