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CHRIS HOLM

[email protected] +1(250) 309-0039

$ 1,699,500

Est. payment -/mo

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60 MURRIE STREET Toronto (mimico), ON M8V1X7

6 Beds

3 Baths

1,500 SqFt

UPDATED:

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 W12178276

Bedrooms 6

Source Toronto Regional Real Estate Board

Property Description

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: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.

CHRIS HOLM

PERSONAL REAL ESTATE CORPORATION | License ID: 10430

+1(250) 309-0039

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CHRIS HOLM

60 MURRIE STREET Toronto (mimico), ON M8V1X7

Key Details

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Rooms

Interior

Exterior

Building

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