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.
Address
16 Muskoka Ave
List Price
$2,295,000
Property Type
Free
Type of Dwelling
Triplex
Style of Home
2-Storey
Area
Toronto W06
Sub-Area
Long Branch
Bedrooms
8
Bathrooms
5
MLS® Number
W10404744
Listing Brokerage
RE/MAX PROFESSIONALS INC.
Postal Code
M8W 1H3
Tax Amount
$6,831.01
Tax Year
2024