$2,385,000
Available - For Sale
Listing ID: W10404744
16 Muskoka Ave , Toronto, M8W 1H3, Ontario
| AN EXTREMELY RARE TRIPLEX FIND ! VACANT POSSESSION ! This Owner Occupied, Air Conditioned Extra Large Triplex has been Totally and Elegantly Updated and comes with 2 Very Spacious 3 Bedroom Apartments, EACH WITH 2 BATHROOMS, ENSUITE LAUNDRIES AND BALCONIES, and an an Extra Large Lower Level, Sunfilled 2 Bedroom Apartment, with Large Above Ground Windows and ENSUITE LAUNDRY. Set in Highly Sought After Long Branch Village, just a short walk from the Lake, on a Huge 46.5ft x 106.5ft Lot, with Private Rear Garden, 2 Car Garage, plus 4 more Parking Spaces, and extra Wide Private Double Driveway. CURRENT NET INCOME IS $95,000 WITH WITH POSSIBILTY OF INCREASING IT TO $102,000 PLUS THE 2.5 INCREASE FOR 2025. Ideal for the Investor to get a 4.5% Cap Rate on a Building in Top Conditon and needing no work, or for the Multi Generation Family to make it their Home. THIS PROPERTY MUST BE SEEN TO BE TRULY APPRECIATED. |
| Extras: 3 Refrigerators, 3 Stoves, 2 Exhaust Fans, 1 Microwave, 2 Dishwashers, 2 Wash Combo, Washer, Dryer |
| Price | $2,385,000 |
| Taxes: | $6831.01 |
| Address: | 16 Muskoka Ave , Toronto, M8W 1H3, Ontario |
| Lot Size: | 46.50 x 160.50 (Feet) |
| Directions/Cross Streets: | Lake Shore Blvd W/Long Branch Ave |
| Rooms: | 18 |
| Bedrooms: | 8 |
| Bedrooms +: | |
| Kitchens: | 3 |
| Family Room: | N |
| Basement: | Apartment, Sep Entrance |
| Property Type: | Triplex |
| Style: | 2-Storey |
| Exterior: | Brick |
| Garage Type: | Detached |
| (Parking/)Drive: | Pvt Double |
| Drive Parking Spaces: | 4 |
| Pool: | None |
| Fireplace/Stove: | N |
| Heat Source: | Gas |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Sewers: | Sewers |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX PROFESSIONALS INC. |
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|
RAY NILI
Broker
Dir:
(416) 837 7576
Bus:
(905) 731 2000
Fax:
(905) 886 7557
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Triplex |
| Area: | Toronto |
| Municipality: | Toronto |
| Neighbourhood: | Long Branch |
| Style: | 2-Storey |
| Lot Size: | 46.50 x 160.50(Feet) |
| Tax: | $6,831.01 |
| Beds: | 8 |
| Baths: | 5 |
| Fireplace: | N |
| Pool: | None |
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