39 Laws ST new

Toronto W02,ON M6P 2Y8

$ 1648000

5 Beds

3 Baths

3519 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 3,519 sqft

Price per Sqft $468

Subdivision Junction Area

MLS Listing ID W12353182

Bedrooms 5

Annual Tax Amount $8,310

Tax Year 2025

Property Sub-Type Investment

Property Description

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. 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 sq ft & fully renovated in 2013, boasts 8-foot 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 and $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, and a solid block party wall for sound privacy.The exterior features a private, wide 4-car driveway and 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 and back yards are professionally landscaped with low-maintenance trees/bushes, custom garden planters, and lockable bike storage for six 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, and shops. Major attractions and public transit are five minutes away. Recent updates include shingles (2018), soffits, gutters, and leaf protectors (2019), and all windows (2013). This is a rare find!

Location

Province ON

County Toronto

Community Junction Area

Area Toronto

Rooms

Kitchen 3

Interior

Cooling No

Exterior

Utilities Available Yes

Others

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