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 |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
FREEMAN REAL ESTATE LTD. |
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Book Showing | Email a Friend |
Type: | Freehold - Detached |
Area: | Toronto |
Municipality: | Toronto |
Neighbourhood: | Annex |
Style: | 2-Storey |
Lot Size: | 28.58 x 72.50(Feet) |
Tax: | $11,172.81 |
Beds: | 4+2 |
Baths: | 5 |
Fireplace: | Y |
Pool: | None |