48 Massey ST new Save Request In-Person Tour Request Virtual Tour
Toronto C01,ON M6J 2T4
Key Details
Property Type Condo, Townhouse
Sub Type Att/Row/Townhouse
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision Niagara
MLS Listing ID C12258656
Style 2-Storey
Bedrooms 5
Annual Tax Amount $7,752
Tax Year 2025
Property Sub-Type Att/Row/Townhouse
Lot Depth 110.0
Lot Front 15.44
Appx SqFt 1500-2000
Property Description
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.
Location
Province ON
County Toronto
Community Niagara
Area Toronto
Rooms
Family Room No
Basement Apartment
Kitchen 3
Separate Den/Office 2
Interior
Interior Features Accessory Apartment,Carpet Free
Cooling Wall Unit(s)
Inclusions 3 Refrigerators , 3 Stoves, 1 Dishwasher, 2 Microwaves, 1 Washer and 1 Dryer. Furniture in units 1 and 2, and all chattels and fixtures except those belonging to tenant. Please See schedule C for all inclusions and exclusions
Exterior
Garage Spaces 1.0
Pool None
Roof Type Flat
Lot Frontage 15.44
Lot Depth 110.0
Total Parking Spaces 1
Building
Foundation Concrete
Others
Senior Community Yes
Virtual Tour https://www.houssmax.ca/vtournb/h8176232