Welcome to 48 Massey Street - A High-Income Triplex (4.35 cap rate) in one of Toronto's most popular neighbourhoods. This professionally maintained townhome is located on a quiet, tree-lined street just a short walk to Trinity Bellwoods Park. Unit 1 is a thoughtfully designed 2 bedroom apartment. Unit 2 is a large 1 bedroom apartment on the main floor with high ceilings and lots of natural light. Amazing owner occupied potential, with open concept living room + office space, plus dine-in kitchen with access to back yard. Both Units 1 and 2 are stylishly furnished, with all furniture and decor included in the sale price (see exclusions). Upstairs, Unit 3 is a 2 bedroom apartment with a beautiful balcony. There is a detached garage, with laneway house potential for future expansion. (See letter attached). Lots of upside - add another storey like many in the neighbourhood. The pay laundry machines bring additional funds every month. This property has a proven track record of high income and low/no vacancy. This is truly a turn-key and hassle-free investment.
For sale
C$1,749,000
48 Massey St, Toronto, ON M6J 2T4
5beds
3baths
Townhouse
Built in ----
1,698.4 Square Feet Lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
Tree-lined streetHigh ceilingsLots of natural lightDine-in kitchenBeautiful balconyDetached garage
- 23 days
- on Zillow |
- 27 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: July 04, 2025 at 09:13am
Listed by:
KELLER WILLIAMS CO-ELEVATION REALTY
Source: TRREB,MLS®#: C12258656
Originating MLS®#: Toronto Regional Real Estate Board

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Heat Pump, Electric
Cooling
- Wall Unit(s)
Features
- Flooring: Accessory Apartment, Carpet Free
- Basement: Apartment
- Has fireplace: No
Interior area
- Living area range: 1500-2000 null
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Has garage: Yes
Features
- Stories: 2
- Pool features: None
Lot
- Size: 1,698.4 Square Feet
Details
- Parcel number: 212980184
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Concrete
- Roof: Flat
Utilities & green energy
- Sewer: Sewer
Community & HOA
Location
- Region: Toronto
Financial & listing details
- Annual tax amount: C$7,752
- Date on market: 7/3/2025
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