Exceptional turnkey investment opportunity in Palmerston-Little Italy, one of Toronto's most vibrant and in-demand communities. Excellent income generator with potential for even more with existing parking and possible laneway suite (buyer to confirm). This extremely well-located and well-built legal fourplex offers four self-contained luxury apartments with separate entrances and large private balconies, high-end finishes and fixtures, solid hardwood floors, high ceilings and lots of natural light. Spacious, thoughtfully designed layouts. Each apartment features a full custom kitchen with a large island, premium granite countertops and full-size stainless-steel appliances, as well as an in-suite laundry, independent heating and air conditioning systems, soundproofing, intercom and more. The lower level has a heated floor system in addition to forced air heating and cooling. Each unit has separately metered gas and hydro and a rough-in for water metering. There is also a backyard with on-site parking. This property was completely gutted down to the double brick, and rebuilt all new with a large extension. Top-quality construction with long-term performance and style in mind. Steps to Bloor Street, two TTC Bloor line subway stations, multiple bus routes, Harbord St., College St, Annex, Little Italy, and Ossington Strip restaurants, shops, schools, parks, bike paths, museums and all amenities. Just minutes to the University of Toronto, University Health Network, Yorkville, and the Downtown Core, this is a great location for attracting quality tenants and securing long-term value. Ideal for investors, multi-generational living or as a private residence with a great source of income. A rare turnkey investment in one of Toronto's most coveted neighbourhoods!