559 Downie St

This partially tenanted triplex is a fantastic opportunity for owner-occupation, investors, or multi-family ownership. Featuring 3 spacious 2-bedroom units (1 also has a den) each offering comfortable layouts, updates, and tons of character. Apartment 3 has been just been completely renovated, including a new bath, new private deck, new screen door, a brand new fridge, newer stove, newer washer/dryer and all new professionally installed luxury carpeting. Apartments 1 and 2 were completely renovated just a few years ago including hardwood flooring and bathrooms. Situated on a huge corner city lot, the property offers plenty of parking, a large wrap-around covered veranda, a beautiful spiral staircase, and a new fence at the back for added privacy. Each unit has separate meters & HWT, plus private entrances with their own decks. Find security with a new roof, wiring, plumbing, sewer, windows and a high efficiency gas furnace that is well maintained. The potential annual income is $64,800, with room to increase. Additionally, the property holds incredible potential for an additional dwelling unit to further maximize income. Located close to shops, dining, transit, and all urban amenities.