49 Morningside Avenue, Toronto, ON M6S 1C6 (MLS # W12678906)
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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.
| DAYS ON MARKET | 1 | LAST UPDATED | 1/8/2026 |
|---|---|---|---|
| TRACT | High Park-Swansea | YEAR BUILT | 0 |
| COMMUNITY | High Park-Swansea | COUNTY | Toronto |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| BASEMENT | Finished, Yes |
| CONSTRUCTION | Brick, Stucco |
| HEAT | Forced Air, Natural Gas |
| INTERIOR | Other |
| LOT | 1742 sq ft |
| LOT DIMENSIONS | 17.44x100.0 |
| POOL DESCRIPTION | None |
| STORIES | 3 |
| STYLE | 3 Levels |
| SUBDIVISION | High Park-Swansea |
| TAXES | 4313.38 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with RE/MAX WEST REALTY INC.
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