$2,385,000

8 Bed, 5 Bath, 2-Storey home is located near Lake Shore Blvd W/Long Branch Ave in Long Branch.

AN EXTREMELY RARE TRIPLEX FIND ! VACANT POSSESSION ! This Owner Occupied, Air Conditioned Extra Large Triplex has been Totally and Elegantly Updated and comes with 2 Very Spacious 3 Bedroom Apartments, EACH WITH 2 BATHROOMS, ENSUITE LAUNDRIES AND BALCONIES, and an an Extra Large Lower Level, Sunfilled 2 Bedroom Apartment, with Large Above Ground Windows and ENSUITE LAUNDRY. Set in Highly Sought After Long Branch Village, just a short walk from the Lake, on a Huge 46.5ft x 160.5ft Lot, with Private Rear Garden, 2 Car Garage, plus 4 more Parking Spaces, and extra Wide Private Double Driveway. CURRENT NET INCOME IS $95,000 WITH WITH POSSIBILTY OF INCREASING IT TO $102,000 PLUS THE 2.5 INCREASE FOR 2025. Ideal for the Investor to get a 4.5% Cap Rate on a Building in Top Conditon and needing no work, or for the Multi Generation Family to make it their Home. THIS PROPERTY MUST BE SEEN TO BE TRULY APPRECIATED.

16 Muskoka Ave, Toronto is a 8 bedroom, 5 bathroom residential 2-Storey triplex home. 16 Muskoka Ave, Toronto is conveniently located in the Long Branch neighbourhood of Toronto Ontario. 16 Muskoka Ave, Toronto is an MLS®-Listed home with an asking price of $2,385,000. This residential property has been listed on ctfrealty.com for 1 days. Based on the Listing Price of 16 Muskoka Ave, Toronto, the estimated monthly mortgage payment would be $11,524. This Mortgage payment is calculated on a 5 year fixed mortgage with 25 year amortization and an interest rate of 5.39% with a down payment of 20%. The Annual property taxes for 16 Muskoka Ave, Toronto are approximately $6,831/year based on 2024 assessment.

This 2-Storey triplex home located at 16 Muskoka Ave, Toronto features a Brick exterior. The lot size of this North facing property is 46.5 x 160.5 feet. The property has 4 parking spaces with 2 car Detached garage. The home has Gas fueled Forced Air heating. The living room at main level has o/looks dining, sliding doors, w/o to balcony. The dining room at main level has large window, pot lights. The kitchen at main level has breakfast bar, large window, stainless steel appl. The bedroom at main level has large window, closet, 2 pc bath. The 2nd bedroom at main level has large window, double closet, o/looks garden. The 3rd bedroom at main level has large window, large closet, 5 pc bath. The living room at 2nd level has o/looks dining, sliding doors, w/o to balcony. The dining room at 2nd level has large window, pot lights. The kitchen at 2nd level has breakfast bar, large window, stainless steel appl. The bedroom at 2nd level has large window, closet, 2 pc bath. The 2nd bedroom at 2nd level has large window, double closet, o/looks garden. The 3rd bedroom at 2nd level has large window, large closet, 5 pc bath.