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39 Laws Street in Toronto: Junction Area Commercial for sale (Toronto W02) : MLS®# W12486503

39 Laws Street Toronto M6P 2Y8 : Junction Area

Main Photo: 39 Laws Street in Toronto: Junction Area Commercial for sale (Toronto W02)  : MLS®# W12486503banner
$1,499,900 /For Sale
Prop. Type:
Commercial
MLS® Num:
W12486503
Status:
Active
Bus Major:
Apts - 2 To 5 Units
Fabulous Purpose-Built Modernist Montreal-Style / European-Style Brick Triplex in The Junction - 2,900 sq ft of Turnkey Living on a Coveted Tree-Lined Street. LOCATION, LOCATION, LOCATION! 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 sqft & fully renovated in 2013, boasts 8-ft ceilings, large above-grade windows, an open-concept living/dining/kitchen area, 1 bedroom, & a 3-pc bathroom. Current rent is $2,359/month for the upper unit, with the lower, and main floor are vacant, offering strong income potential. All units are separately metered with an interconnected fire alarm system, fire-rated doors, & a solid block party wall for sound privacy. The exterior features a private, wide 4-car driveway & 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 & back yards are professionally landscaped with low-maintenance trees/bushes, custom garden planters, & lockable bike storage for 6 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, & shops. Major attractions & public transit are five minutes away. Recent updates include shingles (2018), soffits, gutters, & leaf protectors (2019), & all windows (2013). This is a rare find! VTB possible; terms apply.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
No
Total Area:
3520 sq. ft. Square Feet
Total Area:
Switch units of measure3,519.8 sq. ft.
Lot Depth:
Switch units of measure160'
Lot Frontage:
Switch units of measure25'
Bedrooms:
5
Bathrooms:
3.0
Water supply:
Municipal
Kitchens:
3
Zoning:
333- Res property with 3 self-contained units
Heating type:
Radiant
Clear Height:
Switch units of measure8'
Garage:
Double Detached
Parking Spaces:
4
Possession Details:
Anytime
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$8,310.04 / 2025
Assessment:
$- / -
Toronto
Toronto W02
Junction Area
Hot water tank $30.44+HST
Hotpoint white stove, Samsung built-in microwave/range hood, Whirlpool white fridge, Amana white fridge, Kenmore white stove, LG stainless steel dishwasher, Samsung built-in microwave/range hood, GE white dishwasher, Amana white stove, Broan hood vent, LG stainless steel fridge, Pax wardrobe closet in bsmt, GE dryer, Whirlpool washer, all blinds, garage door opener with remote and keypad, bike shed & 2 raised garden beds.
All curtains and rods, window air-conditioning units, TVs and mounts, kitchen island in basement, toilet bidet, cabinet over the toilet in the basement, IKEA shoe cabinet in basement hallway
Amperage:
200
Utilities:
Yes
Air Conditioning:
No
Seller Property Info Statement:
No
Expenses Actual/Estimated:
Actual
Heating Expenses:
$1,451
Hydro Expenses:
$840
Insurance Expenses:
$1,800
Tax Expenses:
$8,310
Water Expenses:
$1,440
Year Expenses:
15969
Major Business Type:
Apts - 2 To 5 Units
Category:
Apartment
Outside Storage:
Yes
Date Listed:
Oct 28, 2025
Original Price:
Previous Price:
Listed by RE/MAX ULTIMATE REALTY INC.
Data was last updated November 7, 2025 at 12:15 AM (UTC)