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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 will be vacant as of August 1, 2025, 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!
Hotpoint white stove, Samsung built-in microwave/range hood, Whirlpool white fridge, Amana white fridge, Kenmore white stove, LG stainless steel dishwasher, Samsung built-in microwave/range hood, GE white dishwasher, Amana white stove, Broan hood vent, LG stainless steel fridge, Pax wardrobe closet in bsmt, GE dryer, Whirlpool washer, all blinds, garage door opener with remote and keypad, bike shed & 2 raised garden beds.
City: Toronto
Neighborhood: Junction Area
Purchase Price | $1649000 |
Down Payment | $329800 |
Mortgage Insurance | $0 |
Total Mortgage | $1319200 |
Mortgage Payment | $8129 |
Property Taxes | $693 |
Maintenance Fees | $0 |
Monthly Payment | $8822 |
Sold Comparables homes near 39 Laws St, Toronto
Located at 39 Laws St , this Toronto house is available for sale. This property was listed for $1,649,000 on Mon Jul 14 2025. This house's size is 1500-2000 Sqft. It has 4 bedrooms and 3 bathrooms. The property includes the following rooms: Living, Kitchen, Primary, 2nd Br, Living, Kitchen, Primary, 2nd Br, Living, Kitchen, Primary, Laundry. This property comes with 6 parking spots. 39 Laws St, Toronto is situated in the Junction Area neighbourhood.
MLS#: W12282799 · $1,649,000 · 4 bedroom house in Junction Area, Toronto