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$1,565,000
Available - For Sale
Listing ID: W12381540
Fabulous Purpose-Built Modernist Montreal-Style / European-Style Brick Triplex in The Junction - 2,900 sq ft of Turnkey Living on a Coveted Tree-Lined Street. LOCATION, LOCATION, LOCATION! This property provides exceptional rental income with many possibilities: live in the spacious main floor suite while generating revenue from the 2 additional units, explore multi-family living, or maintain it as a lucrative investment. Both the upper & main floor suites are bright, expansive, and 969 sq ft, each featuring 2 bedrooms, updated 4-pc bathrooms, generous living rooms, & eat-in kitchens with quartz counters & subway tile backsplashes. The main floor unit is vacant, offering an excellent opportunity for personal occupancy or a new tenant at market rates. The lower level, also 969 sqft & fully renovated in 2013, boasts 8-ft ceilings, large above-grade windows, an open-concept living/dining/kitchen area, 1 bedroom, & a 3-pc bathroom. Current rents are $2,359/month for the upper unit & $2,315/month for the lower, with a projected $2,700/month for the main floor, offering strong income potential. All units are separately metered with an interconnected fire alarm system, fire-rated doors, & a solid block party wall for sound privacy. The exterior features a private, wide 4-car driveway & a solid block/brick 2-car garage, ideal for a garden suite. The entertainer's backyard has a custom elevated deck shaded by a Maple Blaze tree. Both front & back yards are professionally landscaped with low-maintenance trees/bushes, custom garden planters, & lockable bike storage for 6 bikes. This prime location is walking distance to high-ranking schools like Humberside CI, High Park, High Park Zoo, Bloor West Village, and The Junction's trendy cafes, restaurants, & shops. Major attractions & public transit are five minutes away. Recent updates include shingles (2018), soffits, gutters, & leaf protectors (2019), & all windows (2013). This is a rare find! VTB possible; terms apply.
Price $1,565,000
Taxes: $8,310.04
Tax Type: Annual
Occupancy by: Tenant
Address: 39 Laws Stre , Toronto, M6P 2Y8, Toronto
Postal Code: M6P 2Y8
Province/State: Toronto
Legal Description: PT LT 35 BLK 20 PL 553 WEST TORONTO JUNC
Directions/Cross Streets: Dundas St W/Keele St
No. of Pieces Level
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Category: Apartment
Use: Apts - 2 To 5 Units
Building Percentage: F
Total Area: 3,519.8
Total Area Code:  Square Feet
Financial Statement: F
Maintenance: 0
Water Expense: $1440
Expenses Actual/Estimated: $Act
Outside Storage: T
Clear Height Feet: 8
Heat Type: Radiant
Central Air Conditioning: No
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RE/MAX ULTIMATE REALTY INC.

39 Laws Stre , Toronto, M6P 2Y8, Toronto


 
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Type: Com - Investment
Area: Toronto
Municipality: Toronto W02
Neighbourhood: Junction Area
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Lot Size: x 160.00(Feet)
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Tax: $8,310.04
Maintenance Fee: $0
Beds: 0
Baths: 3
Garage: 0
Fireplace: N
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