49, Morningside, High Park-Swansea, Toronto, Residential Freehold

MLS® Number W12789868
For Sale   $ 1,899,900
  • 6 beds | 
  • 6 baths | 
  • 2000-2500 SQFT
Kate Naccarato
Kate Naccarato Sales Representative 416-779-6085
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Description

Residential Freehold Triplex For Sale.

Stunning legal triplex in sought-after High Park Swansea! Featuring 4+2 bedrooms, 6 bathrooms, custom quartz kitchens, hardwood floors, and stainless steel appliances. Ideal for large families, multi-gen living, or investors. Upper unit is currently leased for $3,500/month, the main floor unit is leased for $3,000/month and basement is rented for $1890/month covering the majority of your mortgage. Total monthly rent $8390/month with a yearly income of $100,680 with a 4.31 cap rate. Easily used as a single-family home or live in one unit and rent the others once when any tenant vacates in the future. The fully finished above ground lower level includes a separate entrance, kitchen, 2 bedrooms, and a full bath perfect as an in-law suite or rental. Rare income property in a high-demand, low-supply pocket near Rennie Park. All units are separately metered for gas and hydro, water split at 33% per unit.

Interior Features: Other

Cross Street: Morningside and Windermere

Direction Faces: South

Key Facts

  • Days on: 1 days
  • Mls Status: Sold Conditional
  • Board Property Type: Free
  • Bedrooms Total: 6
  • Bedrooms Below Grade: 2
  • Bedrooms Above Grade: 4
  • Bathrooms Total Integer: 6
  • Lot Width: 17.44
  • Kitchens Total: 3
  • Garage Type: None
  • Heat Source: Gas
  • Heat Type: Forced Air
  • Cooling: Central Air
  • Living Area Range: 2000-2500 Square Feet

Location 49, Morningside, High Park-Swansea, Toronto

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Kate Naccarato
Sales Representative 416-779-6085