Home with brick exterior material, street for 60 Murrie St, Toronto Ontario M8V 1X7
20 days on Market

60 Murrie St, Toronto, Ontario M8V 1X7

Townhouse
4 + 2
3
~1500-2000 sqft
$1,699,500
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Townhouse
4 + 2
3
~1500-2000 sqft

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Highlights

Property Estimate

Days on market20 days

Estimated valueNot available

Price/Sqft$991/sqft

Monthly cost

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CMA Subject Property

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+2

Properties sold*

$1.1M

Median sold price*

*Based on last 30 days

Description

EARN $83K+ annually from this fully updated TRIPLEX offering a 4.1% CAP rate + Airbnb potential in a prime location! Or this could be your ideal Multi-Generational home! Come discover this rare chance to own an income-generating triplex. A standout opportunity for savvy investors or those seeking a spacious, multi-generational living solution for the entire family. The top & main floor apartments are fully furnished & with leases expiring at the end of this summer, they can be turned into AirBnB units for potentially more income generation. Full inspection has been completed & the report is available/attached. Close to the airport, the bus stop is just a short walk away, GO Train, Humber College, the waterfront, & all essential amenities. It consists of 3 spacious bedroom units, each thoughtfully updated to provide modern living spaces. The entire building, including all common areas & units, has been freshly painted & extensively renovated. Recent upgrades include a reshingled roof & insulation to enhance efficiency. The basement unit has been renovated, featuring a new fire escape window, kitchen, new tiles & laminate flooring throughout. The main floor & top-floor units have also been updated with renovated kitchens & laminate flooring. The top-floor apartment boasts new kitchen countertops & upgraded cupboard doors. The property features two walkout balconies up front & one walkout to a sundeck at the rear with a private entrance. A complete list of upgrades is available. 3 separate hydro meters & hot water tanks. Coin-operated washer & dryer. All electrical updated. The property offers 5 parking spots, one at the front & 4 at the back of the building, making it convenient for tenants. Whether you are an investor looking for a high-return property or a homeowner seeking additional rental income, this triplex is a rare find in a highly sought-after area. See attached for financials, floor plans & a complete list of upgrades.


Property Details

Style2-Storey
View-
Age of property51-99
SqFt~1500-2000 SqFt
Lot Size3,125 SqFt(125 x 25)
Parking Spaces5
MLS ®NumberW12318068
Community NameMimico
Data SourceTRREB
Listing byROYAL LEPAGE REAL ESTATE SERVICES LTD.

Features

Heating: Forced Air
Cooling: Window Unit
Basement: Apartment, Sep Entrance

Bsmt Floor

2nd Br

3.51 x 2.38

Living

3.89 x 2.97

Kitchen

4.46 x 2.97

Br

4.9 x 2.4


Features

Lot size: 3,125 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Market Data - Mimico

Geo Zone Map ThumbnailMimico

Strong Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2024

25 days

2023

23 days

2022

18 days

New Listings

Past 30 days

4 listings

Compared to

2024

4 listings

2023

4 listings

2022

8 listings

Units sold

Past 30 days

0 unit

Compared to

2024

2 units

2023

4 units

2022

3 units

Median Sold Price

Past 30 days

$0

Compared to

2024

$1,072,500

2023

$1,185,000

2022

$985,000


Population and Demographics

Overview

Total population 25277
Average household income $124,271

Age (%)

0 to 19
18%
20 to 34
23%
35 to 49
23%
50 to 64
20%
65 and plus
16%

Household composition (%)

Single family
51%
Single person
41%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
71%
Polish
5%
Spanish
4%
Tibetan
3%
Tagalog (Pilipino, Filipino)
3%
Others
2%
Portuguese
2%
Russian
2%
Ukrainian
2%
French
1%

House tenancy (%)

Renters
58%
Owners
42%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget