Home with brick exterior material for 16 Muskoka Ave, Toronto Ontario M8W 1H3
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Home with brick exterior material for 16 Muskoka Ave, Toronto Ontario M8W 1H3
19 days on Market

16 Muskoka Ave, Toronto, Ontario M8W 1H3

$2,295,000
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Townhouse
8
5
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$9,856/mo

Tax Amount (2024)$6,831/yr

Days On Market19 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

Style2-Storey
View-
Age of property-
SqFt-
Lot Size7,463 SqFt(160.5 x 46.5)
Parking Spaces6
MLS ®NumberW10404744
Community NameLong Branch
Data SourceTRREB

Features

Heating: Forced Air
Cooling: Central Air
Basement: Apartment, Sep Entrance

Main Floor

Living

2.95 x 4.53

O/Looks Dining / Sliding Doors / W/O To Balcony

Dining

2.37 x 4.53

Large Window / Pot Lights

Kitchen

3.19 x 3.76

Breakfast Bar / Large Window / Stainless Steel Appl

Br

4.42 x 2.87

Large Window / Closet / 2 Pc Bath


Features

Lot size: 7,463 SqFt

Parking

Garage spaces 2

Garage type Detached

Other parking spaces 4

Total parking spaces 6


Property History

Now
ListedFor Salefor$2,295,000Active
19 days on market
Listing by trreb®
history photo preview31
Sep 1, 2021
ListedFor Salefor$1,899,000Sold for$•••,•••
Stayed 16 days on market
Listing by trreb®
history photo preview27
Aug 16, 2021
ListedFor Salefor$1,999,000Terminated
Stayed 12 days on market
Listing by trreb®
history photo preview27
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Property listed by RE/MAX PROFESSIONALS INC., Brokerage

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Market DataFor the past 30 days in Long Branch

Median Selling Price

$1,164,000

23.78% more than GTA:

$940,000

Median Bidding

Underbidding - Trending to buyer market

-$16,000

GTA median: -$14,000

Median Number of Sales

4 sales

691 sales less than GTA:

695 sales

Median Number of Days on Market

36 days

13 days more than GTA:

23 days

Want more insights?Visit the Market Pulse


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