$1,895,000

About this listing

Overlooking Trinity Bellwoods Park, this beautifully maintained & updated century home presents a rare opportunity to own a 4 unit income property in one of Toronto's most sought-after neighbourhoods. Set on a wide 24.5ft lot in the heart of Queen West, 79 Gore Vale features 4 self-contained suites, incl. 3 spacious 2-bedroom apartments & a fully renovated, underpinned 1-bdrm lower-level suite w/ high ceilings, private entrance, French doors, & stunning kitchen centred around a large island. The main, second, and basement suites will be vacant on possession, creating exceptional flexibility for investors & end-users alike. Live in 1 unit while generating substantial income from the others, create a multi-generational living arrangement, co-own with family or friends, or fully lease the property & capitalize on strong demand in one of Toronto's most desirable rental markets. Each suite offers its own unique character & outdoor connection. The 2nd fl apt features a front balcony w/ postcard-worthy views across Trinity-Bellwoods Park, while the main fl enjoys a charming front porch & access to the backyard. The 3rd fl suite offers a bright and cozy 2-bdrm layout, & the lower-level suite rivals many above-grade apartments in quality & finish. With long-term tenants occupying the third-floor unit paying good rent & the remaining suites available for immediate occupancy, the property offers a rare blend of stability & opportunity. Estimated gross rental income exceeds $10,000/mo when fully leased. Step outside your door and enjoy everything that makes Trinity-Bellwoods & Queen West one of Toronto's most coveted destinations: celebrated restaurants, independent cafés, boutique shopping, farmers' markets, community recreation facilities, & the city's most iconic urban park. Offered for the first time in over 20 years, 79 Gore Vale is more than an income property-it's a long-term hold in a neighbourhood where people aspire to live, invest, & put down roots.

Location