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Akash Sharma

[email protected] +1(343) 804-0015

$ 1,699,500

Est. payment -/mo

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Price Dropped by $75K

60 Murrie ST Toronto W06, ON M8V 1X7

6 Beds

3 Baths

UPDATED:

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 6

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

Basement Apartment, Separate Entrance

Kitchen 3

Interior

Interior Features Water Heater Owned

Cooling Window Unit(s)

Inclusions 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)

Exterior

Parking Features None

Pool None

Roof Type Asphalt Shingle,Other

Total Parking Spaces 5

Building

Foundation Concrete Block

Lited by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Akash Sharma

Real Estate Agent

+1(343) 804-0015

Akash Sharma

60 Murrie ST Toronto W06, ON M8V 1X7

Key Details

Location

Rooms

Interior

Exterior

Building

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60 Murrie ST