60 Murrie ST Active Save Request In-Person Tour Request Virtual Tour
Toronto W06,ON M8V 1X7
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision Mimico
MLS Listing ID W12000286
Style 2-Storey
Bedrooms 4
Building Age 51-99
Annual Tax Amount $5,780
Tax Year 2025
Property Sub-Type Triplex
Property Description
Rare investment opportunity with a CAP Rate of 4.1% or multi-generational home to fit the whole family! Fully updated triplex in an unbeatable Royal York and Lakeshore location! The top and main floor apartments are fully furnished, and 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 and the report is available/attached. Close to the airport, the bus stop is just a short walk away, GO Train, Humber College, the waterfront, and all essential amenities, this property offers excellent income-generating potential. It consists of three spacious two-bedroom units, each thoughtfully updated to provide modern living spaces. The entire building, including all common areas and units, has been freshly painted and extensively renovated. Recent upgrades include a reshingled roof and insulation to enhance efficiency. The basement unit has been renovated, featuring a new fire escape window, kitchen, new tiles, and laminate flooring throughout. The main floor and top-floor units have also been updated with renovated kitchens and laminate flooring. The top-floor apartment boasts new kitchen countertops and upgraded cupboard doors. The property features two walkout balconies up front and one walkout to a sundeck at the rear with a private entrance. A complete list of upgrades is available. All 3 separate hydro meters and hot water tanks. Coin-operated washer and dryer. All electrical updated. The property offers 5 parking spots, one at the front and 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, and a complete list of upgrades.
Location
Province ON
County Toronto
Community Mimico
Area Toronto
Rooms
Family Room Yes
Basement Apartment,Separate Entrance
Kitchen 3
Separate Den/Office 2
Interior
Interior Features Water Heater Owned
Cooling Window Unit(s)
Fireplace No
Heat Source Gas
Exterior
Parking Features Right Of Way
Pool None
Roof Type Asphalt Shingle,Other
Topography Flat
Lot Frontage 25.0
Lot Depth 125.0
Total Parking Spaces 5
Building
Unit Features Beach,Place Of Worship,Public Transit,Rec./Commun.Centre,School,Waterfront
Foundation Concrete Block
Others
Security Features Carbon Monoxide Detectors,Smoke Detector