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    For Sale - 49 Morningside Avenue, Toronto, Ontario

    Est payment $9,123/mo
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    Views   1
    Time on Jump  46 day

    AI Summary *

    • Legal triplex in a popular High Park Swansea neighborhood.
    • Total monthly rent of $8,390 covers most mortgage payments.
    • Versatile layout for families or as a rental property.
    • Fully finished above ground lower level with separate entrance.
    • Located near Rennie Park in a high-demand area.




    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.
    Listing IDW12789868
    Address49 Morningside Avenue
    CityToronto, Ontario
    Price$1,899,900
    Bed / Bath6 / 6 Full
    Style3-Storey, Triplex
    ConstructionBrick, Stucco (Plaster)
    TypeMulti-Family
    StatusFor Sale

    Subtype TriplexIndoor Features OtherOwnership FreeholdBasement FinishedFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

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    Listing Agency:  RE/MAX WEST REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    49 Morningside Avenue
    Toronto , Ontario
    6 6 $1,899,900
    Get more info