60 MURRIE STREET

Toronto (Mimico), ON M8V1X7

Rare investment opportunity 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:31684)

Listing courtesy of: NADIA MELANIE MECO of ROYAL LEPAGE REAL ESTATE SERVICES LTD.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. These trademarks are owned or controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®) and/or the quality of services they provide (MLS®).

This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.