16 Muskoka Ave, Toronto, Ontario M8W 1H3
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Highlights
Estimated ValueThis is the price Wahi expects this property to sell for.
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Price/Sqft-
Est. Mortgage$9,856/mo
Tax Amount (2024)$6,831/yr
Days On Market49 days
Description
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 Details
Interior
Features
2nd Floor
3rd Br
4.85 x 2.69Large Window / Large Closet / 5 Pc Bath
Living
2.97 x 4.53O/Looks Dining / Sliding Doors / W/O To Balcony
Dining
2.46 x 4.52Large Window / Pot Lights
Kitchen
3.25 x 3.77Breakfast Bar / Large Window / Stainless Steel Appl
Exterior
Features
Parking
Garage spaces 2
Garage type Detached
Other parking spaces 4
Total parking spaces 6
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