coral

A Modern
Real Estate
Brokerage

63 Argyle St

63

Argyle St
Triplex + Laneway Potential

63 Argyle St, Listing Portfolio Cover

Sold! Over Asking

$2,500,000

Laneway house potential! Laneway house potential!

Projected Financials:
Monthly Income: $10,000
NOI: $161,443/annum
Cap: 5.57%
Cash flow: $80,400/annum

This property provides the best of both worlds! A turn key, fully tenanted luxury triplex for stable income, and the opportunity to add value by building a 1,200 square foot 2 storey laneway house, the perfect investment property for the seasoned or first time real estate investor.

It has been completely renovated from top to bottom with no expense spared ($900k in renovations). Everything in the house is brand new including: kitchens, bathrooms, electrical, plumbing, windows, sound proofing…even the beams are brand new. The basement has been underpinned and strengthened to allow for the addition of a 3rd floor.

Currently generating $10,000/month in rental income with 3 self contained units:

Main Floor – 3 Bed 2 Bath, ensuite laundry – $4,100 + utilities
Upper Floor – 3 Bed 2 Bath, ensuite laundry – $3,900 + utilities
Lower Floor – 1 Bed 1 Bath, ensuite laundry – $2,000 + utilities

The laneway housing potential for this property allows the construction of a swanky two storey, 2 beds and 2.5 bath.

Over Asking
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Schedule a
walk-through

There’s no better way to know if this is “the one” than to explore the space in person. At Coral we don’t push, pressure, or persuade so you can explore the property in peace.

1005 King St West Unit 820 Brochure Cover Image

63 Argyle St

Gallery

Virtual
Exploration

Walk Score
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A new home is much more than simply a roof and four walls, it’s new neighbours, a new commute, new routines and opportunities,
a new community, new memories, and maybe even a new favourite coffee shop.
A new home is much more than simply a roof and four walls, it’s new neighbours, a new commute, new routines and opportunities, a new community, new memories, and maybe even a new favourite coffee shop.

63 Argyle St

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