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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.
All electrical light fixtures, 3 stoves, 3 refrigerators, washer, dryer, 4 hot water heaters, 2 window air conditioners, Rubbermaid Shed in the backyard. Top 2 units are fully furnished (see list of inclusions attached to the listing)
City: Toronto
Neighborhood: Mimico
Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
---|---|---|---|---|---|
Mar 4, 2025 | 85 | $1,699,500 | N/A | Terminated | W12000286 |
Jul 8, 2018 | 52 | $2,500 | N/A | Terminated | W4184890 |
May 29, 2018 | 40 | $2,500 | N/A | Terminated | W4143508 |
Jul 9, 2014 | 10 | $1,295 | $1,200 | Leased | W2965988 |
Jun 28, 2014 | 11 | $1,195 | $1,195 | Leased | W2955695 |
Jun 1, 2014 | 84 | $774,000 | $749,000 | Sold | W2930452 |
Apr 1, 2010 | 56 | $1,050 | N/A | Terminated | W1827558 |
Purchase Price | $1699500 |
Down Payment | $339900 |
Mortgage Insurance | $0 |
Total Mortgage | $1359600 |
Mortgage Payment | $8378 |
Property Taxes | $482 |
Maintenance Fees | $0 |
Monthly Payment | $8860 |
Located at 60 Murrie St , this Toronto house is available for sale. This property was listed for $1,699,500 on Wed May 28 2025. This house's size is 1500-2000 Sqft. It has 4 bedrooms and 3 bathrooms. The property includes the following rooms: Living, Dining, Kitchen, Br, 2nd Br, Living, Dining, Kitchen, Br, 2nd Br, Living, Kitchen, Br, 2nd Br. This property comes with 5 parking spots. 60 Murrie St, Toronto is situated in the Mimico neighbourhood.
MLS#: W12178276 · $1,699,500 · 4 bedroom house in Mimico, Toronto