898 Watson Avenue
898 Watson Avenue
$899,900
14 days on market
About This Listing
Turnkey triplex investment opportunity consisting of a legal duplex with an additional secondary dwelling unit in desirable Fairfield Heights/ Britannia. Strong reliable tenant profile with lots of upside potential, meticulously maintained with over 25 years of pride of ownership. The property features two spacious 3-bedroom units and one 1-bedroom unit, offering an excellent unit mix for stable rental income. Units have been updated over time, with new doors & windows, electrical panels and fully renovated bathroom. Updated kitchens with dishwasher & OTR Microwave. Tenants are reliable and pay on time, with separately metered hydro & gas paid by tenants of upper units, coin operative laundry machines. Recent improvements include two Rheem gas forced-air furnaces (2018 & 2020) and efficient Rinnai Tankless water heater. Ideal for investors seeking a well-maintained, low-maintenance asset or owner-occupants looking to live in one unit while offsetting expenses with rental income. Prime west end location close to Bayshore shopping Centre, Lincoln Heights, Carlingwood Mall, Britannia Beach, steps to transit, new LRT Station and quick easy access to the Queensway.
| Monthly Mortgage (P&I) | $3,921 |
| Property Tax (MLS) | $513 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $4,434 |
Down payment: $179,980 (20.0%) · Mortgage: $719,920
Property tax uses MLS annual tax of $6,157/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by GRAPE VINE REALTY INC.
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Data last updated: August 23, 2026 at 12:26 p.m.