49 MORNINGSIDE AVENUE, Toronto, Ontario
$1,899,900
- 6 Beds
- 6 Baths
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 $1890/month covering the majority of your mortgage. Total monthly rent $8390/month with a yearly income of $100,680 with a 4.31 cap rate. 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, water split at 33% per unit. (id:50212)
- Listing ID: W12789868
- Property Type: Multi-family
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Listing provided by RE/MAX WEST REALTY INC.
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 49 MORNINGSIDE AVENUE in Toronto Ontario. It was last modified on February 14th, 2026. Contact The TanTeam to schedule a viewing or to discover other Toronto real estate for sale.