49 Morningside Avenue Toronto, Ontario M6S 1C6
6 Bedroom
6 Bathroom
2,000 - 2,500 sqft
Central Air Conditioning
Forced Air
$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 $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:15069)
Property Details
| MLS® Number | W12789868 |
| Property Type | Multi-family |
| Neigbourhood | Swansea |
| Community Name | High Park-Swansea |
| Equipment Type | Air Conditioner, Hrv, Water Heater |
| Rental Equipment Type | Air Conditioner, Hrv, Water Heater |
Building
| Bathroom Total | 6 |
| Bedrooms Above Ground | 4 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 6 |
| Appliances | All |
| Basement Development | Finished |
| Basement Type | N/a (finished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick, Stucco |
| Foundation Type | Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Interior | 2,000 - 2,500 Sqft |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 100 Ft |
| Size Frontage | 17 Ft ,4 In |
| Size Irregular | 17.4 X 100 Ft |
| Size Total Text | 17.4 X 100 Ft |
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February 23 2026 06:13:29
Toronto Regional Real Estate Board
RE/MAX West Realty Inc.