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23 ABBS STREET, Toronto (Roncesvalles) — listed at $1,499,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Ideal For An Investor Seeking A Turnkey Triplex Or An End User Looking To Live In One Unit While Renting Out The Rest To Offset Their Mortgage. Income Analysis Attached. Income of $89,102. Expenses of $29,276. NOI of $59,826. Excellent Investment Opportunity In The Highly Sought After Queen West Neighbourhood! Beautifully Maintained & Upgraded Triplex Featuring A Renovated Owner's Suite (1,316 sq ft) With Hardwood Flooring, Modern Kitchen With Stainless Steel Appliances, Finished Basement, Spacious Primary Bedroom, And Walk-Out To Private Patio. Two Second-Floor Tenant Apartments (1,165 sq ft) Offer Separate Entrances, Kitchens, Four-Piece Baths, Open-Concept Living Spaces And Private Patios. Potential To Reconfigure Into Four Units. Currently Fully Tenanted With One Of The Smaller Upper Units Becoming Vacant in November. Option To Maintain Vacant For Owner Occupier Or Rent At A Higher Rental Rate. Located On A Charming, Private Cul-De-Sac Just Steps To Queen Street, Dundas West, And Roncesvalles, With Easy Access To Shops, Restaurants, And Transit. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Dining room | Second level | 2.92 x 2.26 meters |
| Kitchen | Second level | 2.84 x 3.1 meters |
| Primary Bedroom | Second level | 5.56 x 2.72 meters |
| Living room | Ground level | 4.83 x 3.48 meters |
| Dining room | Ground level | 8.28 x 3.48 meters |
| Kitchen | Ground level | 3.1 x 2.72 meters |
| Primary Bedroom | Ground level | 5.03 x 6.73 meters |
| Living room | Second level | 3.63 x 3.53 meters |
| Dining room | Second level | 3.33 x 3.53 meters |
| Kitchen | Second level | 2.44 x 2.87 meters |
| Primary Bedroom | Second level | 2.92 x 2.79 meters |
| Living room | Second level | 2.08 x 4.65 meters |
Does it have a basement, and is it finished?+
Yes — Finished, Partial. A finished basement adds meaningful living space beyond the listed square footage.
Is 23 ABBS STREET a good fit for a growing family?+
With 3 bedrooms and 4 bathrooms, there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
Is there air conditioning?+
Yes — wall unit cooling is in place.
What makes this a luxury property?+
At $1,499,000, standout features include 4 bathrooms. In this price range, expect higher-end finishes — verify during a showing.
What's the parking situation?+
This property includes 2 spaces — No Garage.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $8,425.08, heating is natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
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