55 Wales Ave, Toronto, Ontario, M5T 1J3





Description
A Rarely Offered Legal Triplex Townhome in a Prime Downtown Location of Toronto! An exceptional opportunity for investors seeking strong income potential, with the possibility of adding a laneway suite (subject to municipal approvals) for even greater value. Whether you're an investor looking to maximize rental income or an end user envisioning a spacious single-family home, this versatile property offers outstanding potential. Tucked away in a desirable, friendly neighbourhood near Kensington Market, this home is just steps from TTC, the University of Toronto, Toronto Western Hospital, Chinatown, local schools, vibrant markets, specialty shops, cafés, community centres, parks, and much more. Experience the best of downtown living in one of Toronto's most walkable neighbourhoods, with everyday conveniences and city attractions right at your doorstep!
Home Details
List Date
2026-10-26
Style
2-Storey
Type
Triplex
Status
Active
Year Built
UNKNOWN
Features
Bedrooms
6+3
Bathrooms
4
Heating
Forced Air
Cooling
-
Parking
2 Spaces
Appliances & Equipment
Inclusions
Fridge(3), Stove(3), Range Hood(3), Dishwasher(3), Washer, Dryer, All Existing Window Covering, ELFs
Exterior
Construction
Brick
Water & Sewer
Municipal
Lot Size
16.67 x 140 Feet
Garage
Detached
Taxes
$7K (2025)
Listing Brokerage
Brokerage Name
RIGHT AT HOME REALTY

RealtHer Group
Real Estate Brokers
RE/MAX Metropolis
Share This Listing
Let's Talk About Your Next Move
Whether you are purchasing your first home, planning your next investment, or exploring pre-construction projects, Reema and Pirasha are here to deliver strategic guidance.
Personalized GTA Expertise
Every submission is reviewed personally by our founding brokers. We will connect with you directly to evaluate your specific goals and timeline.
