49 Morningside Avenue Toronto W01 ON M6S 1C6
$ 2,019,000

Listing ID

#W12678906

Property Type

Semi-Detached

Property Style

3-Storey

County

Toronto

Neighborhood

High Park-Swansea

Days on website

2

Description
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.
Location
Financial Information
List Price:  $ 2019000
Taxes:  $ 4313
Property Features
Air Conditioning:  Central Air
Approximate Square Footage:  2000-2500
Basement:  Finished
Exterior:  Brick, Stucco (Plaster)
Foundation Details:  Concrete
Fronting On:  South
Heat Source:  Gas
Heat Type:  Forced Air
Interior Features:  Other
Roof:  Asphalt Shingle
Sewers:  Sewer
Listed By:     RE/MAX WEST REALTY INC.