133 CARLAW AVENUE
South Riverdale
Toronto (South Riverdale)
M4M 2R8
$1,288,888
Multi-family
baths: 3.0
2,420 sq. ft.
- Status:
- Active
- Prop. Type:
- Multi-family
- MLS® Num:
- E12067988
- Bathrooms:
- 3
- Photos (47)
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In the heart of vibrant Leslieville, this extra-wide, character-filled century semi offers an outstanding investment opportunity with immediate income and long-term upside. Currently configured as a legal duplex with three self-contained units, current as-of-right zoning permits 4 units plus a Laneway ADU. Even in its current state this property is generating a 4.4% cap rate at $1.298M. Full financial breakdown available on request. Two units are currently rented to excellent tenants at market rates. The largest unita spacious, two-level, three-bedroom suite with a private balconyis vacant and ready for an end-user, or to generate premium rental income. Each unit features updated kitchens and bathrooms, ensuite laundry and ample storage. The basement is high, dry, and open concept, offering additional potential as a 2 bedroom unit.Architectural details such as veiled brick arches, fish-scale gables, bracket eaves, and stained-glass transoms provide heritage charm that stands out in the rental market. Soaring main floor ceilings and oversized rooms create a strong sense of space and light throughout. The deep lot with laneway access includes a large, solid steel garageideal for storage, rental, or development into a 1,380 square foot laneway suite. A Lanescape report is available to guide next steps.Recent updates include full roof replacement, eaves, downspouts, and gutter guards, reflecting pride of ownership and minimizing some future capital expenditures. The main floor also offers rear access to the kitchen and overall there remains potential for a single-family conversion, if desired.Seller will consider VTB (vendor take back financing) at traditional terms. This is a rare opportunity to acquire a well-maintained, income-generating asset with strong fundamentals and substantial growth potential in one of Torontos most sought-after neighbourhoods. Now at a very aggressive price. (id:2493)
- Property Type:
- Multi-family
- Property Attached:
- Yes
- Total Living Area:
- 2,420 sq. ft.225 m2
- Total Building Area:
- 2,420 sq. ft.225 m2
- Zoning:
- 332 Duplex
- Taxes:
- $5,100.01 / -
- Community:
- South Riverdale
- Major Business Type:
- Residential
- Structure Type:
- Multi-Family
- Appliances Included:
- Washer, Refrigerator, Range, Dryer, Hood Fan
- Bathrooms:
- 3.0
- Fireplace:
- No
- Heating:
- Forced air, Natural gas
- Water:
- Municipal water
- Sewer:
- Sanitary sewer
- Lot Frontage:
- 21'6.4 m
- Lot Details:
- Bldg=21 x 119 FT
- Total Parking Spaces:
- 2
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Photo 1 of 47
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Unit 2 Vacant 3BR Upper.
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Virtual staging UpperUnit 2 LR
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Exit to balcony LR
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Virtual staging LR
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Big closet in LR
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Balcony
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Photo 8 of 47
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Eat-in kitchen
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Photo 10 of 47
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Virtual staging
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Unit 2 Bedroom 1 Lvl 2
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Unit 2 4pc WR
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Unit 2 3BR 2 Lvl
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Unit 2 Virtual staging BR2
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Unit 2 Second Bedroom 3rd Lvl
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Unit 2 Virtual staging BR3
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Unit 2 Third Bedroom 3rd Lvl
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Unit 2 Virtual staging Third Bedroom
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Unit 2 Third Bedroom 3rd Lvl
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Photo 21 of 47
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Unit 1 LR (AI De-clutter)
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Unit 1 LR Main Floor
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Unit 1 LR (AI De-clutter)
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Unit 1 LR, Picture Window
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Unit 1 BR (AI De-clutter)
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Unit 1 BR w closet and hall to WR
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Unit 1 BR
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Unit 1 Kitchen w Laundry (AI De-clutter)
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Unit 1 Eat-in Kitchen (sep rear entrance)
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Unit 1 Eat-in Kitchen
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Unit 1 Eat-in Kitchen
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Photo 33 of 47
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Separate Rear Entrance
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Lower Unit Kitchen
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Lower Unit Den
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Lower Unit BR
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Lower Unit WR
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Garage
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Photo 40 of 47
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Photo 41 of 47
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Photo 42 of 47
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Photo 43 of 47
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Unit 1 Main Floor
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Unit 2 Second Floor
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Unit 2 Third Floor
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Unit 3 Lower Level
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Data was last updated April 22, 2025 at 11:15 AM (UTC)
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