REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Fri

Jan

Sat

Jan

Sun

Jan

David Johanns

david@homewithjohanns.com +1(416) 436-3441

$ 2,888,000

Est. payment -/mo

Save

New

565 Markham ST Toronto, ON M6G 2L6

8 Beds

4 Baths

UPDATED:

01/09/2025 05:19 PM

Key Details

Property Type Multi-Family

Sub Type Semi-Detached

Listing Status Active

Purchase Type For Sale

MLS Listing ID C11915436

Style 3-Storey

Bedrooms 8

Annual Tax Amount $13,240

Tax Year 2024

Property Description

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!

Location

Province ON

County Toronto

Community Palmerston-Little Italy

Area Toronto

Region Palmerston-Little Italy

City Region Palmerston-Little Italy

Rooms

Family Room No

Basement Apartment, Separate Entrance

Kitchen 3

Separate Den/Office 2

Interior

Interior Features None

Cooling Wall Unit(s)

Inclusions Elfs, 3 fridges, 3 stacked washer/dryer, self-closing doors, Foyer: ancillary fan (heat), Upper & Main Units: 2 gas stoves, 2 B/I DW, 3 ductless AC/heat pumps. Basement Unit: Electric Stove, Apt-sized B/I DW, heated concrete floors.

Exterior

Parking Features Lane

Garage Spaces 2.0

Pool None

Roof Type Unknown

Lot Frontage 25.0

Lot Depth 125.0

Total Parking Spaces 2

Building

Foundation Unknown

Listed by FREEMAN REAL ESTATE LTD.

David Johanns

Agent

+1(416) 436-3441

David Johanns

565 Markham ST Toronto, ON M6G 2L6

Key Details

Location

Rooms

Interior

Exterior

Building

GET MORE INFORMATION

Go tour this home

565 Markham ST