Home with brick exterior material, street for 60 Murrie St, Toronto Ontario M8V 1X7
67 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 market67 days

Estimated valueNot available

Price/Sqft$991/sqft

Monthly cost

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CMA Subject Property

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+3

Properties sold*

$1.3M

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

Main Floor

Living

5.12 x 3.18

Dining

2.99 x 2.29

Kitchen

3.02 x 2.29

Br

4.5 x 2.76


Features

Lot size: 3,125 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Market Data - Mimico

Geo Zone Map ThumbnailMimico

Strong Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

42 days

Compared to

2024

12 days

2023

9 days

2022

0 day

New Listings

Past 30 days

8 listings

Compared to

2024

8 listings

2023

3 listings

2022

3 listings

Units sold

Past 30 days

1 unit

Compared to

2024

3 units

2023

3 units

2022

0 unit

Median Sold Price

Past 30 days

$1,158,000

Compared to

2024

$1,280,000

2023

$1,270,000


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