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16 Muskoka Avenue Toronto, Ontario M8W 1H3

8 Bedroom 5 Bathroom
Central Air Conditioning Forced Air

$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 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. **** EXTRAS **** 3 Refrigerators, 3 Stoves, 2 Exhaust Fans, 1 Microwave, 2 Dishwashers, 2 Wash /Dry Combo Machines, Washer, Dryer, Security System and Cameras (id:50886)

Property Details

MLS® Number W10404744
Property Type Single Family
Community Name Long Branch
ParkingSpaceTotal 6

Building

BathroomTotal 5
BedroomsAboveGround 8
BedroomsTotal 8
BasementFeatures Apartment In Basement, Separate Entrance
BasementType N/a
CoolingType Central Air Conditioning
ExteriorFinish Brick
HalfBathTotal 2
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
Type Triplex
UtilityWater Municipal Water

Parking

Detached Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 160 Ft ,6 In
SizeFrontage 46 Ft ,6 In
SizeIrregular 46.5 X 160.5 Ft
SizeTotalText 46.5 X 160.5 Ft

Rooms

Level Type Dimensions
Second Level Bedroom 2 3.47 m x 3.92 m
Second Level Bedroom 3 4.85 m x 2.69 m
Second Level Living Room 2.97 m x 4.53 m
Second Level Dining Room 2.46 m x 4.52 m
Second Level Kitchen 3.25 m x 3.77 m
Second Level Bedroom 3.8 m x 2.86 m
Main Level Living Room 2.95 m x 4.53 m
Main Level Dining Room 2.37 m x 4.53 m
Main Level Kitchen 3.19 m x 3.76 m
Main Level Bedroom 4.42 m x 2.87 m
Main Level Bedroom 2 3.49 m x 3.89 m
Main Level Bedroom 3 4.75 m x 2.74 m

https://www.realtor.ca/real-estate/27610729/16-muskoka-avenue-toronto-long-branch-long-branch

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Philip Wynne
Broker


RE/MAX Professionals Inc.
4242 Dundas St W Unit 9
Toronto, Ontario M8X 1Y6

Irena Coyne
Salesperson


RE/MAX Professionals Inc.
1 East Mall Cres Unit D-3-C
Toronto, Ontario M9B 6G8

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