60 MURRIE STREET, Toronto (mimico), ON M8V1X7

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Katie Van Nes

katie@mostreferred.expert +1(604) 855-8228

$ 1,699,500

Est. payment | -/mo

6 Beds

3 Baths

1,500 SqFt

Save

$ 1,699,500

Est. payment | -/mo

Save

6 Beds

3 Baths

1,500 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $1,133

Subdivision Mimico

MLS® Listing ID W12318068

Bedrooms 6

Source Toronto Regional Real Estate Board

Property Description

EARN $83K+ annually from this fully updated TRIPLEX offering a 4.1% CAP rate + Airbnb potential in a prime location! Or this could be your ideal Multi-Generational home! Come discover this rare chance to own an income-generating triplex. 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 leases expiring at the end of this summer, they can be turned into AirBnB units for potentially more income generation. 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 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. (id:24570)

Location

Province ON

Rooms

Kitchen 3.0

Extra Room 1 Second level 5.12 m X 3.19 m Living room

Extra Room 2 Second level 2.91 m X 2.53 m Dining room

Extra Room 3 Second level 3.08 m X 2.24 m Kitchen

Extra Room 4 Second level 4.53 m X 2.76 m Bedroom

Extra Room 5 Second level 3.55 m X 2.5 m Bedroom 2

Extra Room 6 Basement 3.89 m X 2.97 m Living room

Interior

Heating Forced air

Cooling Window air conditioner

Exterior

Parking Features No

Community Features Community Centre

View Y/N No

Total Parking Spaces 5

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

"Unlock the door to your dream home with Katie, where professionalism meets passion in the world of real estate. We don't just sell properties; we curate lifestyles. Let us guide you through the doorway to exceptional living, turning houses into homes and dreams into addresses. Your key to a brighter future starts here – because home is where the heart is, and we're here to help you find yours. Trust [Your Name] for a seamless journey to your next chapter. Welcome home!"

+1(604) 855-8228

katie@mostreferred.expert

202-15388 24th Avenue, Surrey, V4A, 2J2, Canada

60 MURRIE STREET Toronto (mimico), ON M8V1X7