Welcome to 48 Massey Street - A High-Income Triplex (4.35 cap rate) in one of Toronto's most popular neighbourhoods. This professionally maintained townhome is located on a quiet, tree-lined street just a short walk to Trinity Bellwoods Park. Unit 1 is a thoughtfully designed 2 bedroom apartment. Unit 2 is a large 1 bedroom apartment on the main floor with high ceilings and lots of natural light. Amazing owner occupied potential, with open concept living room + office space, plus dine-in kitchen with access to back yard. Both Units 1 and 2 are stylishly furnished, with all furniture and decor included in the sale price (see exclusions). Upstairs, Unit 3 is a 2 bedroom apartment with a beautiful balcony. There is a detached garage, with laneway house potential for future expansion. (See letter attached). Lots of upside - add another storey like many in the neighbourhood. The pay laundry machines bring additional funds every month. This property has a proven track record of high income and low/no vacancy. This is truly a turn-key and hassle-free investment. (id:52316)
KELLER WILLIAMS CO-ELEVATION REALTY
$1,749,000
48 MASSEY STREET, Toronto, Ontario
5 Bedrooms
3 Bathrooms
Property
MLS® Number: C12258656
Address: 48 MASSEY STREET
City: Toronto
Exterior: Brick
Utilities
Heating: Heat Pump, Electric
Parking
Parking Spaces: 1
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Property Sale History
Travel and Neighbourhood
98/100Walk Score®
Walker's Paradise
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Location
