REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,749,000
Est. payment /mo
Active
48 Massey ST Toronto C01, ON M6J 2T4
5 Beds
3 Baths
UPDATED:
Key Details
Property Type Townhouse
Sub Type Att/Row/Townhouse
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision Niagara
MLS Listing ID C12258656
Style 2-Storey
Bedrooms 5
Annual Tax Amount $7,752
Tax Year 2025
Property Sub-Type Att/Row/Townhouse
Property 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.
Location
Province ON
County Toronto
Community Niagara
Area Toronto
Rooms
Family Room No
Basement Apartment
Kitchen 3
Separate Den/Office 2
Interior
Interior Features Accessory Apartment, Carpet Free
Cooling Wall Unit(s)
Fireplace No
Heat Source Electric
Exterior
Garage Spaces 1.0
Pool None
Roof Type Flat
Lot Frontage 15.44
Lot Depth 110.0
Total Parking Spaces 1
Building
Foundation Concrete
Others
Virtual Tour https://www.houssmax.ca/vtournb/h8176232
Listed by KELLER WILLIAMS CO-ELEVATION REALTY