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Triplex · Listed 6 days ago

23 Abbs Toronto,ON M6K 1M5

Toronto, ON, Canada

3 Beds4 Baths2,500–2,500 sqft0 Built

List price

$1,499,000

Why This Property?

This 2,500 sq. ft. Roncesvalles triplex has three bedrooms, four bathrooms and a renovated owner’s suite with hardwood floors, a stainless-steel kitchen, finished basement and private patio. Two upper apartments have separate entrances, kitchens, four-piece baths and private patios. Roncesvalles Avenue’s independent shops, TTC streetcars and nearby High Park add everyday convenience.

Facts & Features

Highlights

  • basement
  • hardwood
  • stainless steel
  • finished basement

Bedrooms & bathrooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full: 4
  • Half: 0

Living Area

  • 2,500–2,500 sqft

Stories

Lot size

  • 0.058 acres

Year built

  • 0

Property type

  • Triplex

Standard status

  • Active

Cooling

Heating

View

    Utilities

      Water / Sewer

      About This Property

      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.

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      Listing Broker

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      MLS® TRREB · Listing #W13876226

      Frequently Asked Questions

      Everything you need to know about valuing and buying with RealOrca.

      What features are included in the owner’s suite?
      The 1,316 sq. ft. suite has hardwood flooring, a modern kitchen with stainless-steel appliances, a finished basement and a walk-out to a private patio.
      What is the neighbourhood like around Roncesvalles Avenue?
      The avenue is known for independent shops and restaurants, with TTC streetcar service and access to High Park and the lakefront.
      What is a triplex, and how is it different from other multi-unit homes in Toronto?
      A triplex is a property with three separate dwelling units within one building. In Toronto, triplexes are often chosen by buyers who want a home that can accommodate multiple households, support extended family living, or offer rental income potential, while still being managed as a single property.
      What should buyers know about purchasing a triplex in Toronto?
      Buying a triplex in Toronto usually involves reviewing the property’s zoning, permitted uses, unit configuration, and any existing tenancies. Buyers should also consider financing, inspections, insurance, and whether they plan to live in one unit, rent all units, or renovate over time. Working with a real estate professional familiar with multi-unit properties is helpful.
      Which Toronto neighbourhood features are important for triplex buyers?
      For triplex buyers, access to TTC transit, GO Transit connections, schools, parks, and everyday amenities can strongly influence both livability and rental appeal. Neighbourhoods with strong transit access and nearby services are often attractive because they make commuting and daily routines easier for residents in all three units.
      Are triplexes common in Toronto, and what are they typically like?
      Triplexes are a well-established housing type in Toronto, especially in older residential areas and along transit corridors. They are often found in low-rise buildings and may feature separate entrances, shared utilities, or a mix of updated and original finishes depending on the property’s age and renovation history.