39 Laws Street, Toronto W02, ON M6P 2Y8

Toronto W02 M6P 2Y8 Ontario

MLS: W12381540

$1,565,000

Added 2 hours ago | For Sale

Listed by: RE/MAX ULTIMATE REALTY INC.

About Property

This fabulous purpose-built brick triplex in The Junction offers approximately 2,900 sq ft of turnkey, updated, renovated living space on a coveted, tree-lined street. LOCATION, LOCATION, LOCATITION! 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.

Features

  • House Style:Investment
  • Bathrooms:3
  • Land Size: 25 X 160
  • Water:Municipal
  • Garage Spaces: /Double Detached
  • Driveway:
  • Heating Fuel:
  • Cross Street:Dundas St W/Keele St
  • Basement: ,
  • Possession Date:Anytime
  • Annual Property taxes: $8310.04
  • Bedrooms:
  • Total Parking Spaces:4
  • Parking Places:4
  • Heating Type:Radiant
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:W12381540

About Agent
Tajinder Sarao
REALTOR®
(647) 206-7222 [email protected]
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