49 Morningside Avenue Toronto, Ontario M6S 1C6
$2,019,000
Stunning legal triplex in sought-after High Park Swansea! Featuring 4+2 bedrooms, 6 bathrooms, custom quartz kitchens, hardwood floors, and stainless steel appliances. Ideal for large families, multi-gen living, or investors. Upper unit is currently leased for $3,500/month, the main floor unit is leased for $3,000/month and basement is rented for $1890/month covering the majority of your mortgage. Total monthly rent $8390/month with a yearly income of $100,680 with a 4.31 cap rate. Easily used as a single-family home or live in one unit and rent the others once when any tenant vacates in the future. The fully finished above ground lower level includes a separate entrance, kitchen, 2 bedrooms, and a full bath perfect as an in-law suite or rental. Rare income property in a high-demand, low-supply pocket near Rennie Park. All units are separately metered for gas and hydro, water split at 33% per unit. (id:60365)
Property Details
| MLS® Number | W12678906 |
| Property Type | Single Family |
| Community Name | High Park-Swansea |
| EquipmentType | Air Conditioner, Hrv, Water Heater |
| RentalEquipmentType | Air Conditioner, Hrv, Water Heater |
Building
| BathroomTotal | 6 |
| BedroomsAboveGround | 4 |
| BedroomsBelowGround | 2 |
| BedroomsTotal | 6 |
| Appliances | All |
| BasementDevelopment | Finished |
| BasementType | N/a (finished) |
| ConstructionStyleAttachment | Semi-detached |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick, Stucco |
| FoundationType | Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 3 |
| SizeInterior | 2000 - 2500 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 100 Ft |
| SizeFrontage | 17 Ft ,4 In |
| SizeIrregular | 17.4 X 100 Ft |
| SizeTotalText | 17.4 X 100 Ft |
Andrew Conti
Salesperson
10473 Islington Ave
Kleinburg, Ontario L0J 1C0
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January 09 2026 09:37:26
Toronto Real Estate Board
RE/MAX West Realty Inc.
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