$1,749,000
11.77 BTC
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48 Massey Street, Toronto
$1,749,000
PRICE
3 + 2
BEDROOMS
3
BATHROOMS
C12258656
MLSID

48 Massey Street, Toronto

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.
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Summary

Address
48 Massey Street
Community
MLSID
C12258656
Property Type
Att/Row/Townhouse
Property Category
Bedrooms
3 + 2
Bathrooms
3
Kitchens
2 + 1
Taxes (Annual)
$7,752.01
Tax Year
2025
Published
July 3, 2025
Days on Market
4 Days
Possession Type
Flexible
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Inclusions

3 Refrigerators , 3 Stoves, 1 Dishwasher, 2 Microwaves, 1 Washer and 1 Dryer. Furniture in units 1 and 2, and all chattels and fixtures except those belonging to tenant. Please See schedule C for all inclusions and exclusions

Exclusions

Please see Schedule C

Details

Bathroom 1
4-Piece Second Level
Bathroom 2
4-Piece Main Level
Bathroom 3
4-Piece Basement Level
Parking Total
1
Architectural Style
2-Storey
Lot Width
15 Feet
Lot Depth
110 Feet
Water
Municipal
Heat Source
Electric
Heat Type
Heat Pump
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with KELLER WILLIAMS CO-ELEVATION REALTY
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