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Key Facts
Key facts for 177 Wallace Ave
Property Type
Apartment, 2 1/2 Storey
Parking
None 0 garage, 2 parking
MLS #
W11953973
Size
-
Basement
Finished,Separate Entrance
Listed on
2025-02-02
Lot size
25 x 75.00
Tax
$6,000 /yr
Days on Market
256
Approximate Age
-
Maintenance Fee
-
Description
This property at 177 Wallace Ave presents a fantastic investment opportunity! Its a detached triplex with separate utilities for each unit, and being just a few minutes walk from Lansdowne subway Station makes it even more desirable. With the a very good rental income, its a strong income-producing ...asset. The recent upgrades are impressive, too. The old radiant/boiler system has been replaced with a new HVAC system, which includes a new AC, furnace, and hot water tank. Over the past year, the property has seen significant renovations, including new plumbing, lighting, electrical fixtures, and upgraded kitchens and bathrooms. The exterior has been refreshed with a brand-new porch and stonework. All of this has resulted in a stylish and modern property, with over $300,000 invested into the upgrades. Rental occupancy is 100%.
