246 EUCLID AVENUE, Toronto, Ontario
$2,200,000
- 8 Beds
- 4 Baths
The rarest of birds: a red-bricked fourplex in the heart of Trinity-Bellwoods. A distinct downtown opportunity, offering four updated self-contained apartments in a well-maintained property, with a double garage with separate stalls, and a remarkably deep and lush lot steps from Queen West, Little Italy and the Park. 50% of the property will be vacant on closing; the main and lower one-bedrooms will be vacant soon, while the spacious upper suites, a three-bedroom on the second floor and a two-bedroom on the third, are rented month-to-month and to be assumed. That means cash flow from day one, plus immediate flexibility for live-in owners, co-ownership buyers, or investors seeking to reset rents to current market levels. The property is well maintained and thoughtfully updated: four updated bathrooms, four dishwashers, shared coin laundry, refreshed mechanicals and hydro panels and a fire escape serving all levels in the backyard offering a second egress. The recently renovated lower level features high ceilings, a new kitchen and bath, two separate entrances, and modern above-grade windows. With seven bedrooms across four apartments, ample tenant-friendly character, and a backyard that doubles as a drive-through from the garage, for a potential 3rd parking spot, this address is equal parts investment and lifestyle. Secure, versatile, and future-proof, a downtown cash flow safe haven that will keep on giving. Ask about the laneway home feasibility report. Prompt viewing recommended. (id:23309)
- Listing ID: C12427286
- Property Type: Multi-family
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 246 EUCLID AVENUE in Toronto Ontario. It was last modified on September 25th, 2025. Contact Jaber Zreik to schedule a viewing or to discover other Toronto real estate for sale.