Active
16 Muskoka Ave
Toronto Ontario, M8W 1H3
C$2,295,000
Active
8 Beds
5 Baths
Multi-family
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 160.5ft 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.
W10404744
MLSⓇ ID
December 22, 2024
Updated
Map
16 Muskoka Ave
Toronto Ontario, M8W 1H3
Interior Features
Total Stories
2
Bedrooms
8
Total Bathrooms
5
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air, Gas
Exterior/Building Features
Lot Size
0.17 Acres
Sewer
Sewers
Other Property Details
Area Name
Long Branch
Taxes
$6,831
Tax Frequency
Annually
Garage
Yes
Garage Spaces
2
Parking
Detached
Parking Total
6
View
No
County
Ontario
Municipality
Toronto
Water Source
Municipal
Pool
No
Pool Features
None
Listing History
Date | Event | Price |
---|---|---|
11/18/2024 | Price change | $2,295,000 -4% |
11/12/2024 | Price change | $2,385,000 -3% |
Courtesy of Listed by , RE/MAX PROFESSIONALS INC.,
Based on information from the Toronto Regional Real Estate Board. 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. Information is deemed reliable but is not guaranteed accurate.
©2024 Toronto Real Estate Board. All rights reserved.
Data last updated 12:27 AM UTC, 12/22/2024