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$ 1,565,000
Est. payment /mo
Price Dropped by $20K
39 Laws ST Toronto W02, ON M6P 2Y8
5 Beds
3 Baths
3,519 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 3,519 sqft
Price per Sqft $444
Subdivision Junction Area
MLS Listing ID W12381540
Bedrooms 5
Annual Tax Amount $8,310
Tax Year 2025
Property Sub-Type Investment
Property Description
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 rents are $2,359/month for the upper unit & $2,315/month for the lower, with a projected $2,700/month for the main floor, 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.
Location
Province ON
County Toronto
Community Junction Area
Area Toronto
Rooms
Kitchen 3
Interior
Cooling No
Exterior
Utilities Available Yes
Lot Frontage 25.0
Lot Depth 160.0
Others
ParcelsYN No
Virtual Tour https://mls.ivivi.ca/39-laws-st
Listed by RE/MAX ULTIMATE REALTY INC.
