60 MURRIE STREET Active Save Request In-Person Tour Request Virtual Tour
Toronto (mimico),ON M8V1X7
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 W12000286
Bedrooms 6
Originating Board Toronto Regional Real Estate Board
Property Description
Rare investment opportunity with a CAP Rate of 4.1% or multi-generational home to fit the whole family! Fully updated triplex in an unbeatable Royal York and Lakeshore location! The top and main floor apartments are fully furnished, and 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 and the report is available/attached. Close to the airport, the bus stop is just a short walk away, GO Train, Humber College, the waterfront, and all essential amenities, this property offers excellent income-generating potential. It consists of three spacious two-bedroom units, each thoughtfully updated to provide modern living spaces. The entire building, including all common areas and units, has been freshly painted and extensively renovated. Recent upgrades include a reshingled roof and insulation to enhance efficiency. The basement unit has been renovated, featuring a new fire escape window, kitchen, new tiles, and laminate flooring throughout. The main floor and top-floor units have also been updated with renovated kitchens and laminate flooring. The top-floor apartment boasts new kitchen countertops and upgraded cupboard doors. The property features two walkout balconies up front and one walkout to a sundeck at the rear with a private entrance. A complete list of upgrades is available. All 3 separate hydro meters and hot water tanks. Coin-operated washer and dryer. All electrical updated. The property offers 5 parking spots, one at the front and 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, and 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
Others
Virtual Tour https://youtu.be/bKcjlGBvFSg