$2,399,000
Available - For Sale
Listing ID: C9398946
30/32 Wells St , Toronto, M5R 1P2, Ontario


Check Out this Fantastic Opportunity. Well-suited for any lifestyle, this detached corner investment home, facing beautiful greenspace, is ready to welcome you. Located in the heart of the Annex, its just a short walk to three subway stations, Bloor St., Dupont St., bike lanes, & short walking distance to the University of Toronto and George Brown campuses. There's also direct transit access to York University. This smartly configured property offers 3 self-contained, spacious suites, loads of parking options with private double driveway and attached garage. The owner-sized, 2-level unit boasts over 2,000 square feet, featuring views of the park, with 2-3 bedrooms, 3 bathrooms, and a 200-square-foot private terrace. The second-level 2-bedroom unit has a large open living space with views of tree-lined Brunswick Ave, while the lower-level 2-bedroom unit features high ceilings, loads of space and a full-sized kitchen. With Home Inspection completed, this Turnkey-ready, Cash Generating property with numerous upgrades, including fire code updates such as self-closing doors, and sprinkler system, is ready to go. Whether you're looking for a solid investment or a live-and-rent option, this property offers revenue generating flexibility. With a projected gross revenue of $128K per year, you can capitalize on falling interest rates and/or live in one unit while using rental income to pay down your mortgage faster. This is a rare opportunity to own a versatile property in one of Toronto's most desirable and central downtown neighborhoods. Offers anytime, don't delay.
Extras:   Speak to listing agent about Vacant possession.
Price $2,399,000
Taxes: $11172.81
Address: 30/32 Wells St , Toronto, M5R 1P2, Ontario
Lot Size: 28.58 x 72.50 (Feet)
Directions/Cross Streets: Spadina & Bloor
Rooms: 13
Rooms +: 5
Bedrooms: 4
Bedrooms +: 2
Kitchens: 2
Kitchens +: 1
Family Room: Y
Basement: Apartment, Fin W/O
Property Type: Detached
Style: 2-Storey
Exterior: Brick, Other
Garage Type: Attached
(Parking/)Drive: Pvt Double
Drive Parking Spaces: 2
Pool: None
Property Features: Park, Public Transit, School
Fireplace/Stove: Y
Heat Source: Gas
Heat Type: Water
Central Air Conditioning: Wall Unit
Sewers: Sewers
Water: Municipal
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CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
FREEMAN REAL ESTATE LTD.
Personal Picture
Hamid-Reza Danaie
Broker
Dir:
416-904-7200
Bus:
905-889-2200
Fax:
905-889-3322
 
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At a Glance:
Type: Freehold - Detached
Area: Toronto
Municipality: Toronto
Neighbourhood: Annex
Style: 2-Storey
Lot Size: 28.58 x 72.50(Feet)
Approximate Age:
Tax: $11,172.81
Maintenance Fee: $0
Beds: 4+2
Baths: 5
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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