Income Property – Legal Duplex with Huge Upside

133 Carlaw Avenue, Old Toronto, Toronto, Ontario M4M 2R8
$1,288,888
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  • 133 Carlaw Avenue, Old Toronto, Toronto, Ontario M4M 2R8
  • 1,288,888

Description

Welcome to the heart of vibrant Leslieville, where charm meets opportunity! This extra-wide, character-rich century semi is more than a home—it's a versatile investment ready to generate immediate income and long-term growth.

Legal Duplex with 3 Self-Contained Units
4.4% Cap Rate at $1.298M
️ Zoning Permits 4 Units Laneway Suite
Lanescape Report Full Financials Available

️ Current Layout:

2 units rented at market rates to excellent tenants

Vacant 3-bed, 2-level suite with private balcony – ideal for end-user or premium rental

High & dry basement with potential for 2-bed unit

Ensuite laundry in all units
Deep lot with laneway access & solid steel garage – laneway suite potential (1,380 sq ft!)
Heritage charm: stained glass, veiled brick arches, soaring ceilings & fish-scale gables
️ Recent upgrades: roof, eaves, downspouts, gutter guards – pride of ownership throughout

Seller open to VTB financing at traditional terms
Option for future single-family conversion

Don’t miss this rarely offered opportunity to own a turnkey income property in one of Toronto’s most sought-after and walkable communities. Whether you're a savvy investor or a creative end-user, this property checks all the boxes for strong returns and future appreciation.

Leslieville – Walk to Queen East, shops, transit, and more!

courtesy to BOSLEY REAL ESTATE LTD.
contact us here or call us for more details.
Listing for direct clients only, not for realtors
#TorontoDuplex #LegalDuplexToronto #IncomeProperty #InvestmentOpportunity

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