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:60365)
MLS® Number | C12258656 |
Property Type | Single Family |
Community Name | Niagara |
Features | Carpet Free |
ParkingSpaceTotal | 1 |
BathroomTotal | 3 |
BedroomsAboveGround | 3 |
BedroomsBelowGround | 2 |
BedroomsTotal | 5 |
Appliances | Dishwasher, Dryer, Furniture, Microwave, Stove, Washer, Refrigerator |
BasementFeatures | Apartment In Basement |
BasementType | N/a |
ConstructionStyleAttachment | Attached |
CoolingType | Wall Unit |
ExteriorFinish | Brick |
FoundationType | Concrete |
HeatingFuel | Electric |
HeatingType | Heat Pump |
StoriesTotal | 2 |
SizeInterior | 1500 - 2000 Sqft |
Type | Row / Townhouse |
UtilityWater | Municipal Water |
Detached Garage | |
Garage |
Acreage | No |
Sewer | Sanitary Sewer |
SizeDepth | 110 Ft |
SizeFrontage | 15 Ft ,4 In |
SizeIrregular | 15.4 X 110 Ft |
SizeTotalText | 15.4 X 110 Ft |
https://www.realtor.ca/real-estate/28550298/48-massey-street-toronto-niagara-niagara
Devon Salomone
Salesperson