39 LAWS STREET|Toronto (Junction Area), Ontario M6P2Y8

CAD 1,648,000
For Sale MLS: W12353182

Property Details

Bedrooms

5

Bathrooms

3

Property Type

Multi-family

Description

MLS Number: W12353182

Property Details: • Type: Multi-family • Ownership Type: N/A • Bedrooms: 5 • Bathrooms: 3 • Building Type: Multi-Family • Building Size: N/A sqft • Building Storeys: N/A • Building Amenities: N/A • Floor Area: N/A • Land Size: N/A • Land Frontage: N/A • Parking Type: N/A • Parking Spaces: N/A

Description: This fabulous purpose-built brick triplex in The Junction offers approximately 2,900 sq ft of turnkey, updated, renovated living space on a coveted, tree-lined street. This property provides exceptional rental income with many possibilities: live in the spacious main floor suite while generating revenue from the 2 additional units, explore multi-family living, or maintain it as a lucrative investment.Both the upper & main floor suites are bright, expansive, and 969 sq ft, each featuring 2 bedrooms, updated 4-pc bathrooms, generous living rooms, & eat-in kitchens with quartz counters & subway tile backsplashes. The main floor unit is vacant, offering an excellent opportunity for personal occupancy or a new tenant at market rates. The lower level, also 969 sq ft & fully renovated in 2013, boasts 8-foot ceilings, large above-grade windows, an open-concept living/dining/kitchen area, 1 bedroom, & a 3-pc bathroom. Current rents are $2,359/month for the upper unit and $2,315/month for the lower, with a projected $2,700/month for the main floor, offering strong income potential. All units are separately metered with an interconnected fire alarm system, fire-rated doors, and a solid block party wall for sound privacy.The exterior features a private, wide 4-car driveway and a solid block/brick 2-car garage, ideal for a garden suite. The entertainer's backyard has a custom elevated deck shaded by a Maple Blaze tree. Both front and back yards are professionally landscaped with low-maintenance trees/bushes, custom garden planters, and lockable bike storage for six bikes.This prime location is walking distance to high-ranking schools like Humberside CI, High Park, High Park Zoo, Bloor West Village, and The Junction's trendy cafes, restaurants, and shops. Major attractions and public transit are five minutes away. Recent updates include shingles (2018), soffits, gutters, and leaf protectors (2019), and all windows (2013). This is a rare find! (41105371)

Agent Information: • Agents: JONATHAN DAVID AMANTEA • Contact: 416-879-7323; 416-879-7323 • Brokerage: RE/MAX ULTIMATE REALTY INC. • Website: http://www.RemaxUltimate.com

Time on Realtor: 1 day ago

Location

Address

39 LAWS STREET|Toronto (Junction Area), Ontario M6P2Y8

City

Toronto (Junction Area)

Features and Finishes

None

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