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50 ARCADIAN CIRCLE, Toronto (Long Branch) — listed at $1,700,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Fully renovated turnkey triplex in Long Branch, steps from Lake Promenade. Currently fully rented and generating $7,050/month or $84,600/year in gross rental income, with the main and upper units at $2,600/month each and the lower unit at $1,850/month. Approx. annual operating costs are $12,318, making this a strong income-producing property in an established west Toronto neighbourhood.The property includes two 2-bedroom, 2-bath suites on the main and upper floors, plus a 2-bedroom, 1-bath lower-level suite. Main and upper units feature bright layouts, crown mouldings, pot lights, granite counters, stainless steel appliances and good closet space. The upper unit also includes in-suite laundry and rear patio access. The lower unit offers an open living and kitchen area, radiant floor heating and porcelain tile.Extensively renovated in 2019/2020, including roof, windows, exterior doors, insulation, plumbing, copper wiring, 200-amp service, three HVAC systems and owned on-demand hot water. Each unit has its own HVAC system and hydro meter, with four electrical meters in total including common areas.Close to Lake Ontario, waterfront parks and trails, Long Branch Village, Humber College, TTC and Long Branch GO. A well-maintained, fully rented triplex with current income and major building upgrades already completed. (id:60164)
What's the parking situation?+
This property includes 5 spaces — Detached Garage, Garage.
How is the space laid out across floors?+
This is a 2-storey multi-family. The 6 bedrooms and 5 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
What makes this a luxury property?+
At $1,700,000, standout features include 5 bathrooms. In this price range, expect higher-end finishes — verify during a showing.
Is 50 ARCADIAN CIRCLE a good fit for a growing family?+
With 6 bedrooms and 5 bathrooms, there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $6,373.22, heating is radiant heat, forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
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