703 Morgan Street, Vanier and Kingsview Park, ON K1K 3M3
3404 - Vanier, Vanier and Kingsview Park · Near Morgan St and Cote St · View map
About this home
An exceptional turn-key investment opportunity awaits at 703 Morgan Street, a versatile, high-yielding triplex designed to maximize cash flow and long-term equity growth. The property features two spacious, identical three-bedroom, one-bathroom layouts on the top and middle floors, complemented by a cozy one-bedroom, one-bathroom lower unit. With the middle unit currently vacant, buyers gain an immediate value-add strategy to set projected market rent, house-hack, or select their own premium tenant while enjoying steady income from established, month-to-month residents. Tenants pay their own hydro via separate electrical panels and outdoor meters updated in 2016, keeping landlord utility overhead remarkably low. Major mechanicals and structural components have been systematically upgraded for worry-free ownership, including a new roof (2018), replacement windows (2017), gas meter update (2014), and a newly paved driveway (2025). Capital expenditure worries are minimized with three fully owned water heaters-replaced in 2016, 2018, and 2023-and low common electrical costs covering exterior and stairwell lighting. The building is complete with shared tenant laundry and dedicated storage facilities, enhancing overall tenant retention and convenience. Positioned with strong existing revenue, reliable tenancy, and significant upside potential in the vacant unit, this well-maintained asset is a rock-solid addition to any real estate portfolio.
The home
- Type
- Triplex
- Style
- 2-Storey
- Square footage
- 2000-2500 sq ft
- Bedrooms
- 6
- Basement bedrooms
- 1
- Bathrooms
- 3
- Kitchens
- 3
- Rooms
- 12
- Basement
- Finished
- Lot size
- 59.6 x 92 ft
- Faces
- South
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Window Unit(s)
- Fireplace
- No
Garage & parking
- Driveway spaces
- 8
- Total parking
- 8
Taxes & other
- Property taxes
- $6,000/yr
- Tax year
- 2026
- Occupancy
- Partial
- Possession
- TBD
- Cross street
- Morgan St and Cote St
- Neighbourhood
- 3404 - Vanier
More
- Price per sq ft
- ~$400 (at 2,250 sq ft)
- MLS® number
- X13822468
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The home and its surroundings
- Water Heater Owned
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
703 Morgan Street, Vanier and Kingsview Park, ON K1K 3M3
3404 - Vanier, Vanier and Kingsview Park · Near Morgan St and Cote St
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Listing history for 703 Morgan Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 703 Morgan Street
Answers come straight from this home’s MLS® listing.
How much is 703 Morgan Street listed for, and what would it cost each month?
703 Morgan Street is listed for $899,900. With 20% down ($179,980), the mortgage payment would be roughly $3,630 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $4,130 a month, all in. That figure is an illustration, not a quote.
Is 703 Morgan Street freehold or a condo, and is there a monthly fee?
703 Morgan Street is a triplex in 3404 - Vanier, Vanier and Kingsview Park. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 703 Morgan Street have?
703 Morgan Street has 6 bedrooms, plus 1 more bedroom in the basement, and 3 bathrooms. The listing gives the style as 2-storey.
Does 703 Morgan Street have a garage and parking?
The listing does not show a garage. The driveway adds 8 spaces. In total the listing counts 8 parking spaces.
Does 703 Morgan Street have a finished basement?
The listing describes the basement as finished. It counts 1 bedroom on that level. Finished basement space is usually not counted in the square footage shown.
What style of home is 703 Morgan Street?
703 Morgan Street is a triplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 703 Morgan Street, and what is the lot size?
The listing puts the home between 2,000 and 2,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 59.6 x 92 ft.
How is 703 Morgan Street heated and cooled?
Heating is forced air (gas). Cooling is window unit(s).
What are the property taxes for 703 Morgan Street?
Property taxes are $6,000 a year (2026), or about $500 a month.
Where is 703 Morgan Street?
703 Morgan Street is in the 3404 - Vanier community of Vanier and Kingsview Park. The nearest main intersection is Morgan St and Cote St. The postal code is K1K 3M3.
Is 703 Morgan Street still for sale?
Yes. It is an active listing (MLS® X13822468). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 703 Morgan Street asking?
Similar properties for sale nearby right now include 315 Lajoie Street at $900,000 (6 bed), 323 Levis Avenue at $799,900 (6 bed) and 734 De L'eglise Street at $769,000 (5 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 703 Morgan Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 703 Morgan Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near 3404 - Vanier, picked by style, size and price.
Triplex$900,000315 Lajoie Street, Vanier and Kingsview Park6 bed · 3 bath · 3404 - VanierCourtesy of: ROYAL LEPAGE TEAM REALTYView home →
Duplex$799,900323 Levis Avenue, Vanier and Kingsview Park6 bed · 6 bath · 3404 - VanierCourtesy of: RIGHT AT HOME REALTYView home →
Triplex$769,000734 De L'eglise Street, Vanier and Kingsview Park5 bed · 3 bath · 3404 - VanierCourtesy of: AVENUE NORTH REALTY INC.View home →Courtesy of: LPT REALTY
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.