16 MUSKOKA AVENUE

Toronto (Long Branch), Ontario, M8W1H3, Canada

$2,385,000

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 106.5ft 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.

EXTRAS 3 Refrigerators, 3 Stoves, 2 Exhaust Fans, 1 Microwave, 2 Dishwashers, 2 Wash Combo, Washer, Dryer

Last updated on : Tuesday 12th of November 2024 03:05:30 PM

ADDRESS

Street : 16 MUSKOKA AVENUE

City : Toronto (Long Branch)

Province : Ontario

Country : Canada

Postal Code : M8W1H3

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PROPERTY SUMMARY

Property ID : W10404744

Building Type : Triplex

Property Type : Single Family

Bedrooms : 8

Bathrooms : 5 + 2

Parking : 6

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