$1,749,000Asking Price
48 Massey Street, Toronto, ON M6J 2T4
Trinity Niagara, Toronto
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.
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.
See MoreKey Info
- 2-Storey Other
- 1 Parking
- Detached Garage
- Massey St and Queen St W
- 1500-2000 Approximate Sq Feet
- No Ensuite Laundry
- HeatPump Electric Heating
Property
- Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
- Taxes were $7,752 in 2025
Details
- Brick Exterior
- No Fireplace
- 3 + 1 Kitchens
- MLS #C12258656
- KELLER WILLIAMS CO-ELEVATION REALTY
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
 | 1 4-Piece Bathroom | |||
| 1 4-Piece Bathroom on Main Floor | |||
| 1 4-Piece Bathroom | |||
How Far is Too Far?
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Who lives here?
Trinity Niagara, Toronto is a central Toronto neighbourhood notable for its singles, university grads, executives and business, science, education, law & public sector and arts & culture professionals. Residents tend to be younger with a significant number of adults aged 25 to 49.
Families
Kids Per Family
0.5
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
55%
of residents are
single and loving it.
55% singles
Toronto (50%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
43%
of residents
are renters.
43% renters
Toronto (47%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
66%
of residents are
university grads.
66% university grads
Toronto (48%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$173K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Management | 18% |
| Business | 17% |
| Sales | 12% |
| Government | 12% |
| Culture | 11% |
Immigrants
28%
of residents were
born outside of Canada.
28% immigrants
Toronto (48%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
2.5% from Portugal
All-time
Birthplace - Recent
0.5% from China
Recent
Foreign Languages
Foreign Languages
| Portuguese | 4% |
| French | 3% |
| Spanish | 3% |
| Cantonese | 2% |
| Tagalog | 1% |
Religions
Religions
| Christian | 49% |
| Jewish | 4% |
| Buddhist | 2% |
| Muslim | 2% |
| Hindu | 1% |
Social Housing
Social Housing Buildings
1
Social housing buildings
in the neighbourhood.
Shelters
Shelters
3
Homeless shelters in
the neighbourhood.
