$1,888,000Asking Price
61 Cameron Street, Toronto, ON M5T 2H1
Alexandra Park, Toronto
Attention Investors! Excellent opportunity delivering a 5% cap rate (earn over $9,000 rental income per month). This triplex is located in a great location currently undergoing rapid gentrification in the heart of Kensington-Chinatown! Get in while you still can! 3 separate units with 2 spacious bedrooms in each. Zoned for commercial use as well which makes it suitable for live/work model. Live in one unit and rent out others for steady monthly cash flows! Upgraded kitchen in each unit with quartz counters. Steps to trendy Queen West & Spadina. Only a short walking distance to the future Ontario Line subway station construction underway at Queen & Spadina (completion 2031). Shared parking at rear of building.
Attention Investors! Excellent opportunity delivering a 5% cap rate (earn over $9,000 rental income per month). This triplex is located in a great location currently undergoing rapid gentrification in the heart of Kensington-Chinatown! Get in while you still can! 3 separate units with 2 spacious bedrooms in each. Zoned for commercial use as well which makes it suitable for live/work model. Live in one unit and rent out others for steady monthly cash flows! Upgraded kitchen in each unit with quartz counters. Steps to trendy Queen West & Spadina. Only a short walking distance to the future Ontario Line subway station construction underway at Queen & Spadina (completion 2031). Shared parking at rear of building.
See MoreKey Info
- 2-Storey Triplex
- 2 Parking
- No Garage
- Queen St W/Spadina
- 1100-1500 Approximate Sq Feet
- No Ensuite Laundry
- Baseboard Electric Heating
Property
- Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
- Taxes were $6,995 in 2024
- Possession: TBD
Details
- Brick Exterior
- No Fireplace
- 3 Kitchens
- MLS #C12028924
- DREAM HOME REALTY INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 8.20' x 6.56' | Ceramic Floor, Quartz Counter, Ceramic Backsplash |
 | 1 3-Piece Bathroom | |||
| 1 3-Piece Bathroom on Main Floor | |||
| 1 3-Piece Bathroom | |||
Who lives here?
Alexandra Park, Toronto is a central Toronto neighbourhood notable for its singles, renters and salespeople. It has a higher than average population of immigrants, particularly those from China and Vietnam, and Cantonese and Mandarin speakers. Residents tend to be younger with a significant number of youth aged 20 to 24 and adults aged 25 to 34.
Families
Kids Per Family
1.5
kids per family
in the neighbourhood.
Gta (1.3)
Singles
67%
of residents are
single and loving it.
67% singles
Toronto (50%)Gta (45%)
Renters
67%
of residents
are renters.
67% renters
Toronto (47%)Gta (33%)
Education
30%
of residents are
university grads.
30% university grads
Toronto (48%)Gta (44%)
Income
Average Household Income
$81K
is the average household
income in the neighbourhood.
Gta ($135K)
Professions
Professions
| Sales | 23% |
| Business | 6% |
| Government | 5% |
| Trades | 5% |
| Management | 4% |
Immigrants
53%
of residents were
born outside of Canada.
53% immigrants
Toronto (48%)Gta (45%)
Birthplace - All
23.8% from China
All-time
Birthplace - Recent
6.7% from China
Recent
Foreign Languages
Foreign Languages
| Mandarin | 14% |
| Cantonese | 14% |
| Vietnamese | 4% |
| Spanish | 3% |
| Tagalog | 2% |
Religions
Religions
| Christian | 36% |
| Buddhist | 14% |
| Muslim | 11% |
| Jewish | 1% |
| Hindu | 1% |
Social Housing
Social Housing Buildings
26
Social housing buildings
in the neighbourhood.
Shelters
Shelters
2
Homeless shelters in
the neighbourhood.
