Emerson Excellence, Exceptional Income, Endless Possibilities! Welcome to 71 Emerson Ave, a vacant, detached, fully renovated LEGAL triplex with three separate hydro meters in an unbeatable location. A fantastic opportunity for investors, multi-generational families, or end-users looking to live in one unit while collecting rent from the others. Each self-contained unit features its own private entrance, with the main and second-floor suites also offering their own laundry. The property is truly turn-key and move-in or rent-ready, complete with updated finishes and brand-new central air conditioning. A private driveway currently provides parking for two cars, with the potential for additional parking by removing the existing fence. The detached garage at the rear offers even more flexibility-use it as a shed, workshop or studio today, with potential for a future garden suite conversion. Ideally situated within walking distance to Lansdowne Subway Station, Bloor West, schools, shops, restaurants, parks and everyday amenities. Whether you're looking for a strong income-producing investment, a multi-generational home, or a place to live while offsetting your mortgage with rental income, 71 Emerson offers incredible versatility in one of Toronto's most convenient neighbourhoods.