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16 Muskoka Ave

Muskoka Ave, Etobicoke-Lakeshore, Toronto, ON, M8W 1H3

8
Beds
5
Baths
$2,295,000
List Price
Details
Photos
31
Comparables
History
16 Muskoka Ave, Toronto, ON - 1 of 3
16 Muskoka Ave, Toronto, ON - 2 of 3
16 Muskoka Ave, Toronto, ON - 3 of 3
50 days on market

Quick Summary

  • Rare triplex property with vacant possession
  • Elegantly updated with 2 spacious 3-bed units
  • Extra large 2-bed lower level apartment
  • Sought-after location near Lake in Long Branch
  • Huge 46.5ft x 160.5ft lot with private garden
  • 2-car garage plus 4 additional parking spaces
  • Current net income of $95,000, potential $102,000+
  • Fully equipped with appliances and security system

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... Show More

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. 3 Refrigerators, 3 Stoves, 2 Exhaust Fans, 1 Microwave, 2 Dishwashers, 2 Wash /Dry Combo Machines, Washer, Dryer, Security System and Cameras

Property Details

Size

Sq. Ft. Not Available
12 total rooms
8 Beds
8 Above Grade
5 Baths

Parking

6 Parking Spaces
Detached

Build

Year Built
-
Model Name
-
Basement
Apartment, Sep Entrance
Exterior
Brick
Foundation
-
Builder Name
-
Stories
-
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced Air
Cooling
Central Air

Utilities

Water
-
Sewer
Sewers
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Rooms

Living

14′10″ x 9′8″

Dining

14′10″ x 7′9″

Kitchen

12′4″ x 10′5″

Br

9′5″ x 14′6″

2nd Br

12′9″ x 11′5″

3rd Br

8′11″ x 15′7″

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Ownership Details

Ownership

Title
Freehold
Zoning
-

Taxes

Property Tax Year
2024-01-01
Property Tax Amount
$6,831.01

Source

Listing Brokerage

MLS® Listing
W10404744
Last Updated
December 21, 2024
Brokerage
RE/MAX PROFESSIONALS INC.
Call us 800-591-0566

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