49 Morningside Avenue, Toronto - Sold for $1,845,887 | Modern Solution Realty

49 Morningside Avenue, Toronto

49 Morningside Avenue in Toronto - 6 bedroom, 6 bathroom. Sold for $1,845,887. Listed at $1,899,900.

Stunning legal triplex in sought-after High Park Swansea! Featuring 4+2 bedrooms, 6 bathrooms, custom quartz kitchens, hardwood floors, and stainless steel appliances. Ideal for large families, multi-gen living, or investors. Upper unit is currently leased for $3,500/month, the main floor unit is leased for $3,000/month and basement is rented for $1725/month covering the majority of your mortgage. Total monthly rent $8225/month with a yearly income of $98,700. Easily used as a single-family home or live in one unit and rent the others once when any tenant vacates in the future. The fully finished above ground lower level includes a separate entrance, kitchen, 2 bedrooms, and a full bath perfect as an in-law suite or rental. Rare income property in a high-demand, low-supply pocket near Rennie Park. All units are separately metered for gas and hydro.

Property Details

  • Property Type: Mortgage
  • Style: 3-Storey
  • Square Footage: 2250 sqft
  • Basement: Finished
  • Heating: Gas
  • Cooling: Central Air
  • Parking: 0 space
  • Property Taxes: $4,313.38/yr
  • Neighbourhood: High Park-Swansea
  • Postal Code: M6S 1C6

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