EXCEPTIONAL Investment Opportunity or Ideal Multi-Generational Home! Discover a rare chance to own an updated income-generating triplex with a CAP Rate of 4.1%. A standout opportunity for savvy investors or those seeking a spacious, multi-generational living solution for the entire family. The top & main floor apartments are fully furnished & with both leases expiring at the end of this summer, they can be turned into AirBnB units for potentially more income generation. With a yearly rental revenue of $83,057, this triplex presents a fantastic opportunity to boost returns. Full inspection has been completed & the report is available/attached. Close to the airport, the bus stop is just a short walk away, GO Train, Humber College, the waterfront, & all essential amenities. It consists of 3 spacious two-bedroom units, each thoughtfully updated to provide modern living spaces. The entire building, including all common areas & units, has been freshly painted & extensively renovated. Recent upgrades include a reshingled roof & insulation to enhance efficiency. The basement unit has been renovated, featuring a new fire escape window, kitchen, new tiles & laminate flooring throughout. The main floor & top-floor units have also been updated with renovated kitchens & laminate flooring. The top-floor apartment boasts new kitchen countertops & upgraded cupboard doors. The property features two walkout balconies up front & one walkout to a sundeck at the rear with a private entrance. A complete list of upgrades is available. 3 separate hydro meters & hot water tanks. Coin-operated washer & dryer. All electrical updated. The property offers 5 parking spots, one at the front & 4 at the back of the building, making it convenient for tenants. Whether you are an investor looking for a high-return property or a homeowner seeking additional rental income, this triplex is a rare find in a highly sought-after area. See attached for financials, floor plans & a complete list of upgrades. |
Price | $1,699,500 |
Taxes: | $5779.53 |
Assessment Year: | 2024 |
Occupancy: | Tenant |
Address: | 60 Murrie Stre , Toronto, M8V 1X7, Toronto |
Acreage: | < .50 |
Directions/Cross Streets: | Royal York & Lakeshore Blvd W |
Rooms: | 10 |
Rooms +: | 5 |
Bedrooms: | 4 |
Bedrooms +: | 2 |
Family Room: | T |
Basement: | Apartment, Separate Ent |
Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
Room 1 | Main | Living Ro | 16.79 | 10.43 | |
Room 2 | Main | Dining Ro | 9.81 | 7.51 | |
Room 3 | Main | Kitchen | 9.91 | 7.51 | |
Room 4 | Main | Bedroom | 14.76 | 9.05 | |
Room 5 | Main | Bedroom 2 | 11.71 | 8.04 | |
Room 6 | Second | Living Ro | 16.79 | 10.46 | |
Room 7 | Second | Dining Ro | 9.54 | 8.3 | |
Room 8 | Second | Kitchen | 10.1 | 7.35 | |
Room 9 | Second | Bedroom | 14.86 | 9.05 | |
Room 10 | Second | Bedroom 2 | 11.64 | 8.2 | |
Room 11 | Basement | Living Ro | 12.76 | 9.74 | |
Room 12 | Basement | Kitchen | 14.63 | 9.74 | |
Room 13 | Basement | Bedroom | 16.07 | 7.87 | |
Room 14 | Basement | Bedroom 2 | 11.51 | 7.81 |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 4 | Main |
Washroom Type 2 | 4 | Second |
Washroom Type 3 | 4 | Basement |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 | |
Washroom Type 6 | 4 | Main |
Washroom Type 7 | 4 | Second |
Washroom Type 8 | 4 | Basement |
Washroom Type 9 | 0 | |
Washroom Type 10 | 0 |
Total Area: | 0.00 |
Approximatly Age: | 51-99 |
Property Type: | Triplex |
Style: | 2-Storey |
Exterior: | Brick |
Garage Type: | None |
(Parking/)Drive: | Right Of W |
Drive Parking Spaces: | 5 |
Park #1 | |
Parking Type: | Right Of W |
Park #2 | |
Parking Type: | Right Of W |
Pool: | None |
Other Structures: | Garden Shed |
Approximatly Age: | 51-99 |
Approximatly Square Footage: | 1500-2000 |
Property Features: | Beach, Place Of Worship |
CAC Included: | N |
Water Included: | N |
Cabel TV Included: | N |
Common Elements Included: | N |
Heat Included: | N |
Parking Included: | N |
Condo Tax Included: | N |
Building Insurance Included: | N |
Fireplace/Stove: | N |
Heat Type: | Forced Air |
Central Air Conditioning: | Window Unit |
Central Vac: | N |
Laundry Level: | Syste |
Ensuite Laundry: | F |
Sewers: | Sewer |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
ROYAL LEPAGE REAL ESTATE SERVICES LTD. |
|
Book Showing | Email a Friend |
Type: | Freehold - Triplex |
Area: | Toronto |
Municipality: | Toronto W06 |
Neighbourhood: | Mimico |
Style: | 2-Storey |
Approximate Age: | 51-99 |
Tax: | $5,779.53 |
Beds: | 4+2 |
Baths: | 3 |
Fireplace: | N |
Pool: | None |