179 Wychwood Ave.

This week we’re offering a three-unit dwelling that’s perfect for multigenerational living, siblings co-habiting, friends sharing, where you can all have your own space and a private entrance.  It’s also suitable for buyers who want to live in one executive suite and get fantastic income from the other two, to subsidize the mortgage.

This triplex consists of two identically sized three-bedroom units that are bigger than many homes plus a two-bedroom lower-level unit with seven-foot, seven-inch ceiling height and large above grade windows that make it feel like you’re on the ground level.  The upper three-bedroom is exquisitely renovated with in-floor heat and offers an awesome kitchen with centre island, stainless steel appliances and wine fridge, stone countertop, pantry, pot drawers and pot lights too!  This unit is perfect for an owner/occupier.

Maybe you’re an investor looking to park your money for the long term?  This property delivers an annual gross income of $99,000 with a 4.2% cap rate.  The bonus is the potential to build a 1,300 square foot laneway house making it an even more attractive investment!

Its desirable urban location, steps to St. Clair West subway, Loblaws, the new Summerhill Market on Bathurst, Wychwood Barns with the Saturday Farmer’s market, and the walkable St Clair West corridor with its eclectic shops, trendy restaurants and youthful energy will make it easy for the investor to always rent these units — and enjoyable for an owner who wants to live close to world-class urban amenities.

Are you convinced yet that this property deserves serious consideration?