49 Morningside Avenue

49 Morningside Avenue
49 Morningside Avenue
49 Morningside Avenue
+46
4+2
 bed
6
 bath
0
 parking
2000 - 2500
 sqft
Triplex
$1,899,900
For Sale
16 days
 on site
$1,899,900
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Size
-
Lot size
1744 sqft
Street frontage
-
Possession
Other
Price per sqft
$760 - $950
Taxes
$4,313.38 (2025)
Parking Type
-
Style
3-Storey
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Description
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.
Broker: RE/MAX WEST REALTY INC.
MLS®#: W12789868
Property details
Parking:
No
Parking type:
-
Property type:
Triplex
Heating type:
Forced Air
Style:
3-Storey
MLS Size:
2000-2500 sqft
Lot front:
17 Ft
Lot depth:
100 Ft
Listed on:
Feb 14, 2026
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Instant estimate:
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$87,385
lower than listed price
i
High
$1,877,154
Mid
$1,812,515
Low
$1,721,315
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About 49 Morningside Avenue

49 Morningside Avenue is a Toronto triplex for sale. It was listed at $1899900 in February 2026 and has 4+2 beds and 6 bathrooms. 49 Morningside Avenue resides in the Toronto Swansea neighbourhood, and nearby areas include Bloor West Village, High Park, Baby Point and Runnymede.

49 Morningside Ave, Toronto is only a 6 minute walk from Zaza Espresso Bar for that morning caffeine fix and if you're not in the mood to cook, Danny's Family Restaurant, The Works and Queen's Pasta Cafe are near this triplex. Nearby grocery options: Peachtree Health Foods is a 6-minute walk.

Transit riders take note, 49 Morningside Ave, Toronto is only steps away to the closest public transit Bus Stop (Morningside Ave at Lavinia Ave East Side) with route Swansea. If you need to get on the highway often from 49 Morningside Ave, Gardiner Expressway and Dowling Ave has both on and off ramps and is within a few minutes drive.