39 Laws Street, Toronto W02, ON

$1,585,000

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4+1

Beds

3

Baths

39 Laws Street

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! VTB possible; terms apply.

Features of 39 Laws Street

MLS® # W12381545
Price $1,585,000
Bedrooms 4
Bedrooms Plus 1
Bathrooms 3.00
Square Footage 1500-2000
Type Residential Freehold
Sub-Type Semi-Detached
Style 2-Storey
Status Active

Community Information

Address 39 Laws Street
Area Toronto
Neighborhood Junction Area
City Toronto W02
Province ON
Postal Code M6P 2Y8

Amenities

Parking Spaces 4
Garage Parking Spaces 2
Garage Type Detached
Pool None

Interior

Heating Radiant
Cooling Window Unit(s)
Fireplace No
Basement Apartment, Finished

Exterior

Exterior Brick

Listing Details

OfficeRE/MAX ULTIMATE REALTY INC.

Listing Map

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