60 Murrie Street Toronto, Ontario M8V 1X7
$1,699,500
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:26049)
Property Details
| MLS® Number | W12178276 |
| Property Type | Multi-family |
| Neigbourhood | Mimico-Queensway |
| Community Name | Mimico |
| Amenities Near By | Beach, Place Of Worship, Public Transit, Schools |
| Community Features | Community Centre |
| Features | Flat Site |
| Parking Space Total | 5 |
| Structure | Shed |
| Water Front Type | Waterfront |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 4 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 6 |
| Age | 51 To 99 Years |
| Appliances | Water Heater, Dryer, Stove, Washer, Window Air Conditioner, Refrigerator |
| Basement Features | Apartment In Basement, Separate Entrance |
| Basement Type | N/a |
| Cooling Type | Window Air Conditioner |
| Exterior Finish | Brick |
| Fire Protection | Smoke Detectors |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1,500 - 2,000 Ft2 |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Land Amenities | Beach, Place Of Worship, Public Transit, Schools |
| Sewer | Sanitary Sewer |
| Size Depth | 125 Ft |
| Size Frontage | 25 Ft |
| Size Irregular | 25 X 125 Ft |
| Size Total Text | 25 X 125 Ft|under 1/2 Acre |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Living Room | 5.12 m | 3.19 m | 5.12 m x 3.19 m |
| Second Level | Dining Room | 2.91 m | 2.53 m | 2.91 m x 2.53 m |
| Second Level | Kitchen | 3.08 m | 2.24 m | 3.08 m x 2.24 m |
| Second Level | Bedroom | 4.53 m | 2.76 m | 4.53 m x 2.76 m |
| Second Level | Bedroom 2 | 3.55 m | 2.5 m | 3.55 m x 2.5 m |
| Basement | Living Room | 3.89 m | 2.97 m | 3.89 m x 2.97 m |
| Basement | Kitchen | 4.46 m | 2.97 m | 4.46 m x 2.97 m |
| Basement | Bedroom | 4.9 m | 2.4 m | 4.9 m x 2.4 m |
| Basement | Bedroom 2 | 3.51 m | 2.38 m | 3.51 m x 2.38 m |
| Main Level | Living Room | 5.12 m | 3.18 m | 5.12 m x 3.18 m |
| Main Level | Dining Room | 2.99 m | 2.29 m | 2.99 m x 2.29 m |
| Main Level | Kitchen | 3.02 m | 2.29 m | 3.02 m x 2.29 m |
| Main Level | Bedroom | 4.5 m | 2.76 m | 4.5 m x 2.76 m |
| Main Level | Bedroom 2 | 3.57 m | 2.45 m | 3.57 m x 2.45 m |
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May 28 2025 03:20:48
Toronto Regional Real Estate Board
Royal LePage Real Estate Services Ltd.