48 Massey Street, Toronto (niagara), Ontario

$1,749,000

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5

Beds

3

Baths

About 48 Massey Street

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:36535)

Features of 48 Massey Street

Listing # C12258656
Price $1,749,000
Bedrooms 5
Bathrooms 3.00
Acres 0.00
Type Single Family
Sub-Type Freehold

Community Information

Address 48 Massey Street
Subdivision Niagara
City Toronto (niagara)
Province Ontario
Postal Code M6J2T4

Amenities

Features Carpet Free
Parking Spaces 1
Parking Detached Garage, Garage
# of Garages 2
Is Waterfront No
Has Pool No

Interior

Appliances Dishwasher, Dryer, Furniture, Microwave, Stove, Washer, Refrigerator
Heating Electric Heat Pump
Cooling Wall unit
Fireplace No
# of Stories 2
Has Basement Yes
Basement Features Apartment in basement
Basement Type N/A

Exterior

Exterior Brick
Lot Description 15.4 x 110 FT
Foundation Concrete

Listing Details

OfficeCourtesy Of DEVON SALOMONE Of KELLER WILLIAMS CO-ELEVATION REALTY

Listing Map