16 Muskoka Avenue For Sale

Toronto, Long Branch, M8W 1H3

$2,295,000

Description

Listed by RE/MAX PROFESSIONALS INC..

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.

3 Refrigerators, 3 Stoves, 2 Exhaust Fans, 1 Microwave, 2 Dishwashers, 2 Wash /Dry Combo Machines, Washer, Dryer, Security System and Cameras

Location

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  • Address: 16 Muskoka Avenue
  • Neighborhood: Long Branch
  • City: Toronto
  • State: Ontario
  • Postal Code: M8W 1H3

Property Details

  • Property ID: W10404744
  • Property Price: $2,295,000
  • Style: Triplex, 2-Storey
  • Rooms: 18
  • Bedrooms: 8
  • Bath: 5
  • Garages Spaces: 2
  • Garage: Detached
  • Parking Spaces: 6
  • A/C: Central Air
  • Basement: Apartment, Sep Entrance
  • Den: N
  • Exterior: Brick
  • Heating: Forced Air
  • Fireplace: N
  • Taxes: $6,831.01 (2024)
  • Lot: 160.50x46.50 (Feet)

Room details and dimensions

Statistics for similar Triplex homes in Long Branch

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Average days on market for similar Triplex homes in Long Branch

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Number of transactions for similar Triplex homes in Long Branch

Property History

This property has been sold 6 times before. To view this property's sale price history please sign in or register:


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Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 576 - 2100