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$1,699,500
60 MURRIE STREET
Toronto, Ontario, Ontario, M8V1X7
MLS® Number: W12178276
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.
Building information
Type
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Age
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Appliances
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Basement Features
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Basement Type
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Cooling Type
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Exterior Finish
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Fire Protection
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Foundation Type
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Heating Fuel
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Heating Type
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Size Interior
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Stories Total
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Utility Water
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Land information
Amenities
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Sewer
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Size Depth
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Size Frontage
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Size Irregular
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Size Total
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Rooms
Main level
Bedroom 2
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Bedroom
*****
Kitchen
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Dining room
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Living room
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Basement
Bedroom 2
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Bedroom
*****
Kitchen
*****
Living room
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Second level
Bedroom 2
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Bedroom
*****
Kitchen
*****
Dining room
*****
Living room
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Main level
Bedroom 2
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Bedroom
*****
Kitchen
*****
Dining room
*****
Living room
*****
Basement
Bedroom 2
*****
Bedroom
*****
Kitchen
*****
Living room
*****
Second level
Bedroom 2
*****
Bedroom
*****
Kitchen
*****
Dining room
*****
Living room
*****
Courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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