41 days on Market

48 Massey St, Toronto, Ontario M6J 2T4

Townhouse
3 + 2
3
~1500-2000 sqft
$1,749,000
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Townhouse
3 + 2
3
~1500-2000 sqft

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Highlights

Property Estimate

Days on market41 days

Estimated valueNot available

Price/Sqft$1,020/sqft

Monthly cost

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CMA Subject Property

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+2

Properties sold*

$2.1M

Median sold price*

*Based on last 30 days

Description

Welcome to 48 Massey Street - A High-Income Triplex (4.35 cap rate) in one of Toronto's most popular neighbourhoods. This professionally maintained townhome is located on a quiet, tree-lined street just a short walk to Trinity Bellwoods Park. Unit 1 is a thoughtfully designed 2 bedroom apartment. Unit 2 is a large 1 bedroom apartment on the main floor with high ceilings and lots of natural light. Amazing owner occupied potential, with open concept living room + office space, plus dine-in kitchen with access to back yard. Both Units 1 and 2 are stylishly furnished, with all furniture and decor included in the sale price (see exclusions). Upstairs, Unit 3 is a 2 bedroom apartment with a beautiful balcony. There is a detached garage, with laneway house potential for future expansion. (See letter attached). Lots of upside - add another storey like many in the neighbourhood. The pay laundry machines bring additional funds every month. This property has a proven track record of high income and low/no vacancy. This is truly a turn-key and hassle-free investment.


Property Details

Style2-Storey
View-
Age of property-
SqFt~1500-2000 SqFt
Lot Size1,698 SqFt(110 x 15.44)
Parking Spaces1
MLS ®NumberC12258656
Community NameNiagara
Data SourceTRREB
Listing byKELLER WILLIAMS CO-ELEVATION REALTY

Features

Heating: Heat Pump
Cooling: Wall Unit
Basement: Apartment

Features

Lot size: 1,698 SqFt

Parking

Garage spaces 1

Garage type Detached

Other parking spaces 0

Total parking spaces 1


Property History

Jul 3, 2025
ListedActive
$1,749,000
41 days on market
history photo preview41
Listing by trreb®

Market Data - Niagara

Geo Zone Map ThumbnailNiagara

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

14 days

Compared to

2024

32 days

2023

17 days

2022

20 days

New Listings

Past 30 days

5 listings

Compared to

2024

3 listings

2023

3 listings

2022

3 listings

Units sold

Past 30 days

1 unit

Compared to

2024

2 units

2023

2 units

2022

2 units

Median Sold Price

Past 30 days

$1,098,500

Compared to

2024

$2,141,500

2023

$996,000

2022

$952,500


Population and Demographics

Overview

Total population 13311
Average household income $167,219

Age (%)

0 to 19
9%
20 to 34
46%
35 to 49
27%
50 to 64
12%
65 and plus
7%

Household composition (%)

Single person
53%
Single family
37%
Multi person
10%
Multi family
0%

Mother tongue (%)

English
73%
Yue (Cantonese)
4%
Mandarin
4%
Spanish
4%
Portuguese
4%
Others
3%
French
3%
Russian
1%

House tenancy (%)

Renters
53%
Owners
47%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget