16 Muskoka Avenue, Toronto, ON M8W 1H3, Toronto W06, ON
Bed 8
Bath 5
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.
Property Highlights
For Sale
MLS NO.
W10404744
Type
Residential Freehold
Sub Type
Triplex
Bedrooms
8
Bathrooms
5
Parking
6.0
Complete Property Details
Property Type
Residential Freehold
Sub Type
Triplex
Transaction Type
For Sale
Status
Expired
Contract Status
Unavailable
MLS® Number
W10404744
Total Bedrooms
8
Bedrooms Above Grade
8
Total Bathrooms
5
Total Kitchens
3
Kitchens Above Grade
3
Rooms Above Grade
18
Interior Features
None
Fireplace
No
Construction
Brick
Roof
Asphalt Shingle
Lot Width
46.5
Parking Features
Private Double
Parking Total
6.0
Covered Spaces
2.0
Garage Type
Detached
Pool
None
Direction Facing
North
Cooling
Central Air
Heat Source
Gas
Heat Type
Forced Air
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
16 Muskoka Avenue, Toronto, ON M8W 1H3
City
Toronto W06
Neighbourhood
Long Branch
County / Region
Toronto
Province / State
ON
Postal Code
M8W 1H3
Cross Street
Lake Shore Blvd W/Long Branch Ave
Country
CA
List Price
$2,295,000
Annual Taxes
$6,831
Tax Year
2024
Legal Description
*** See Remarks for Brokerages
Possession Details
Immediate/TBA
Listing Office
RE/MAX PROFESSIONALS INC.
Board
Toronto Regional Real Estate Board
Original Entry
2024-11-02T20:08:31Z
Media Updated
2024-11-14T21:59:35Z
Photos Updated
2024-11-14T21:59:35Z
Last Modified
2025-01-02T05:15:45Z
System Modified
2025-10-11T19:21:56.447025Z
MLS Status
Expired
Architectural Style
2-Storey
Basement
Apartment, Separate Entrance
Ddfyn
Yes
Expiration Date
2025-01-01
Foundation Details
Not Applicable
Heat Source Multi
Gas
Heat Type Multi
Forced Air
Hstapplication
Included
Occupant Type
Owner+Tenant
Originating System Id
A00001796
Parking Spaces
4
Public Remarks
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.
