For Sale

$1,699,500

60 MURRIE STREET , Toronto, Ontario M8V1X7

4+2 Beds 3 Baths

Remarks

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. (id:7525)

Property Summary

  • Neighbourhood: Mimico
  • Lot Frontage: 25.0 Feet
  • Lot Depth: 125.0 Feet
  • Lot Size: 25 x 125 FT
  • No. of Parking Spaces: 5
  • Floor Space (approx): 1500 - 2000 Square Feet
  • Waterfront: Yes
  • Bedrooms: 4+2
  • Bathrooms (Total): 3

Property Features:

  • Amenities Nearby:
    [] , [] , Public Transit , Schools
  • Community Features:
    Community Centre
  • Features:
    Flat site
  • Parking Type:
    No Garage
  • Property Type:
    Multi-family
  • Sewer:
    Sanitary sewer
  • Structure Type:
    Shed
  • WaterFront Type:
    Waterfront

Building Features:

  • Appliances:
    [] , Dryer , Stove , Washer , Window Air Conditioner , Refrigerator
  • Basement Type:
    N/A
  • Building Type:
    Triplex
  • Cooling Type:
    Window air conditioner
  • Exterior Finish:
    Brick
  • Fire Protection:
    Smoke Detectors
  • Foundation Type:
    Block
  • Heating Fuel:
    Natural gas
  • Heating Type:
    Forced air

Rooms

  • Living:
    Level: 2nd 5.12 m x 3.19 m
  • Dining:
    Level: 2nd 2.91 m x 2.53 m
  • Kitchen:
    Level: 2nd 3.08 m x 2.24 m
  • Bedroom:
    Level: 2nd 4.53 m x 2.76 m
  • 2nd Bedroom:
    Level: 2nd 3.55 m x 2.50 m
  • Living:
    Level: Basement 3.89 m x 2.97 m
  • Kitchen:
    Level: Basement 4.46 m x 2.97 m
  • Bedroom:
    Level: Basement 4.90 m x 2.40 m
  • 2nd Bedroom:
    Level: Basement 3.51 m x 2.38 m
  • Living:
    Level: Main 5.12 m x 3.18 m
  • Dining:
    Level: Main 2.99 m x 2.29 m
  • Kitchen:
    Level: Main 3.02 m x 2.29 m
  • Bedroom:
    Level: Main 4.50 m x 2.76 m
  • 2nd Bedroom:
    Level: Main 3.57 m x 2.45 m

Office Listing: 

Nadia Meco - Sales Representative  ,  Kate Vanderburgh - Sales Representative

Lifestyle
Neighbourhood Info
Ronnie Mills

Ronnie Mills

Sales Representative

Phone:  905.338.3737

Cell:  905.601.0019

Fax:  905.338.7351

Cathey Mills

Cathey Mills

Sales Representative

Phone:  905.849.3355

Cell:  905.601.3262

Fax:  905.338.7351

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Royal LePage Real Estate Services Ltd., Brokerage

251 NORTH SERVICE ROAD WEST
OAKVILLE,  ON L6M3E7

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