ON > Toronto C01 > Niagara
Toronto C01, ON M6J 2T4,48 Massey ST
Toronto C01, ON M6J 2T4,48 Massey ST
Toronto C01, ON M6J 2T4,48 Massey ST
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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$1,749,000
Est. payment /mo
5 Beds
3 Baths
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UPDATED:

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

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Listed by KELLER WILLIAMS CO-ELEVATION REALTY

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agent

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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