49 Morningside Avenue, High Park / Junction / Roncesvalles, ON M6S 1C6
$1,989,900
activeNEW
About This Property
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.
Property Details
Multi-Family
Active
W12678906
6
6
2,000
January 28, 2026
Features & Amenities
Location
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49 Morningside Avenue, High Park / Junction / Roncesvalles, ON M6S 1C6
49 Morningside Avenue, High Park / Junction / Roncesvalles, ON M6S 1C6
Listing Information
Listing Information
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Re/Max Crossroads Realty Inc., Brokerage — 533 Danforth Rd, Scarborough ON M1K 1C9