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29 days on Market

60 Murrie St, Toronto, Ontario M8V 1X7

Detached
4 + 2
3
~1500-2000 sqft
$1,775,000
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Detached
4 + 2
3
~1500-2000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$1,035/sqft

Est. Mortgage$7,623/mo

Tax Amount (2025)$5,780/yr

Days On Market29 days


Description

Rare investment opportunity or multi-generational home to fit the whole family! Fully updated triplex in an unbeatable Royal York and Lakeshore location! The top and main floor apartments are fully furnished, and with both leases expiring at the end of this summer, they can be turned into AirBnB units for potentially more income generation. With a yearly rental revenue of $83,057, this triplex presents a fantastic opportunity to boost returns. Full inspection has been completed and the report is available/attached. Close to the airport, the bus stop is just a short walk away, GO Train, Humber College, the waterfront, and all essential amenities, this property offers excellent income-generating potential. It consists of three spacious two-bedroom units, each thoughtfully updated to provide modern living spaces. The entire building, including all common areas and units, has been freshly painted and extensively renovated. Recent upgrades include a reshingled roof and insulation to enhance efficiency. The basement unit has been renovated, featuring a new fire escape window, kitchen, new tiles, and laminate flooring throughout. The main floor and top-floor units have also been updated with renovated kitchens and laminate flooring. The top-floor apartment boasts new kitchen countertops and upgraded cupboard doors. The property features two walkout balconies up front and one walkout to a sundeck at the rear with a private entrance. A complete list of upgrades is available. All 3 separate hydro meters and hot water tanks. Coin-operated washer and dryer. All electrical updated. The property offers 5 parking spots, one at the front and 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, and 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 ®NumberW12000286
Community NameMimico
Data SourceTRREB
Listing byROYAL LEPAGE REAL ESTATE SERVICES LTD.

Features

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

2nd Floor

Dining

2.91 x 2.53

Kitchen

3.08 x 2.24

Living

5.12 x 3.19

Br

4.53 x 2.76


Features

Lot size: 3,125 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property History

Mar 4, 2025
ListedActive
$1,775,000
29 days on market
history photo preview37
Listing by trreb®
Property listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD., Brokerage

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Market Data - Mimico

Geo Zone Map ThumbnailMimico

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

38 days

Compared to

2024

18 days

2023

36 days

2022

14 days

New Listings

Past 30 days

32 listings

Compared to

2024

25 listings

2023

16 listings

2022

27 listings

Units sold

Past 30 days

11 units

Compared to

2024

17 units

2023

15 units

2022

21 units

Median Sold Price

Past 30 days

$1,260,000

Compared to

2024

$1,155,000

2023

$1,175,000

2022

$1,420,000


Population and Demographics

Overview

Total population 25277
Average household income $124,271

Age (%)

35 to 49
23%
20 to 34
23%
50 to 64
20%
0 to 19
18%
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%

Schools and amenities

Estimated Budget