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39 Laws Street Toronto, Ontario M6P 2Y8

5 Bedroom 3 Bathroom 3,520 ft2
None Radiant Heat

$1,499,900

Fabulous Purpose-Built Modernist Montreal-Style / European-Style Brick Triplex in The Junction - 2,900 sq ft of Turnkey Living on a Coveted Tree-Lined Street. LOCATION, LOCATION, LOCATION! This property provides exceptional rental income with many possibilities: live in the spacious main floor suite while generating revenue from the 2 additional units, explore multi-family living, or maintain it as a lucrative investment. Both the upper & main floor suites are bright, expansive, and 969 sq ft, each featuring 2 bedrooms, updated 4-pc bathrooms, generous living rooms, & eat-in kitchens with quartz counters & subway tile backsplashes. The main floor unit is vacant, offering an excellent opportunity for personal occupancy or a new tenant at market rates. The lower level, also 969 sqft & fully renovated in 2013, boasts 8-ft ceilings, large above-grade windows, an open-concept living/dining/kitchen area, 1 bedroom, & a 3-pc bathroom. Current rent is $2,359/month for the upper unit, with the lower, and main floor are vacant, offering strong income potential. All units are separately metered with an interconnected fire alarm system, fire-rated doors, & a solid block party wall for sound privacy. The exterior features a private, wide 4-car driveway & a solid block/brick 2-car garage, ideal for a garden suite. The entertainer's backyard has a custom elevated deck shaded by a Maple Blaze tree. Both front & back yards are professionally landscaped with low-maintenance trees/bushes, custom garden planters, & lockable bike storage for 6 bikes. This prime location is walking distance to high-ranking schools like Humberside CI, High Park, High Park Zoo, Bloor West Village, and The Junction's trendy cafes, restaurants, & shops. Major attractions & public transit are five minutes away. Recent updates include shingles (2018), soffits, gutters, & leaf protectors (2019), & all windows (2013). This is a rare find! VTB possible; terms apply. (id:51158)

Open House

This property has open houses!

November
1
Saturday
Starts at:

2:00 pm

Ends at:

4:00 pm

November
2
Sunday
Starts at:

2:00 pm

Ends at:

4:00 pm

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number W12486503
Property Type Multi-family
Community Name Junction Area
Equipment Type Water Heater
Parking Space Total 4
Rental Equipment Type Water Heater

Building

Bathroom Total 3
Bedrooms Total 5
Appliances Blinds, Dishwasher, Dryer, Garage Door Opener, Hood Fan, Microwave, Washer, Whirlpool
Cooling Type None
Heating Type Radiant Heat
Size Exterior 3519.8 Sqft
Size Interior 3,520 Ft2
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Size Depth 160 Ft
Size Frontage 25 Ft
Size Irregular Bldg=25 X 160 Ft
Size Total Text Bldg=25 X 160 Ft
Zoning Description 333- Res Property With 3 Self-contained Units

https://www.realtor.ca/real-estate/29041527/39-laws-street-toronto-junction-area-junction-area

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