This fabulous purpose-built brick triplex in The Junction offers approximately 2,900 sq ft of turnkey, updated, renovated living space on a coveted, tree-lined street. 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 sq ft & fully renovated in 2013, boasts 8-foot 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 and $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, and a solid block party wall for sound privacy.The exterior features a private, wide 4-car driveway and 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 and back yards are professionally landscaped with low-maintenance trees/bushes, custom garden planters, and lockable bike storage for six 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, and shops. Major attractions and public transit are five minutes away. Recent updates include shingles (2018), soffits, gutters, and leaf protectors (2019), and all windows (2013). This is a rare find!
Address
39 Laws Street
List Price
$1,648,000
MLS® Status
New
Expiration Date
2025-10-20
Property Type
Commercial
Type of Dwelling
Investment
Transaction Type
For Sale
Area
Toronto W02
Sub-Area
Junction Area
Region
Toronto
Bedrooms (Total)
5
Bathrooms
3
Lot Size Source
MPAC
Lot Depth
160
Lot Type
Building
Lot Size Units
Feet
Lot Width
25
Parcel Number
213610259
Total Building Area
3519.8
Occupant Type
Tenant
Cross Street
Dundas St W/Keele St
MLS® Number
W12353182
Listing Brokerage
RE/MAX ULTIMATE REALTY INC.
Postal Code
M6P 2Y8
Posession Details
Anytime
Parking Spaces
4
Tax Amount
$8,310.04
Tax Year
2025
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Radiant
Cooling Features
No
Garage Type
Double Detached
Kitchens Total
3
Tax Legal Description
PT LT 35 BLK 20 PL 553 WEST TORONTO JUNCTION AS IN WT114679; CITY OF TORONTO