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$ 1,149,000
Est. payment /mo
New
2 MONTEITH STREET Toronto, ON M4Y1K7
7 Beds
3 Baths
UPDATED:
Key Details
Property Type Townhouse
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500 - 2000
Subdivision Church-Yonge Corridor
MLS® Listing ID C14149688
Bedrooms 7
Property Sub-Type Townhouse
Property Description
A Rare Income-Generating Gem In The Heart of Downtown Toronto! Welcome To 2 Monteith Street, A Tastefully Renovated And Meticulously Maintained Three-Storey Victorian Residence Nestled In The Highly Sought-After Church-Wellesley Village! Offering Approximately 2,300 Sq. Ft. of Living Space. This Beautifully Appointed End Unit Property Seamlessly Blends Timeless Architectural Charm With Modern Comfort And Functionality. Featuring Spacious, Well-Designed Interiors, A Fully Finished Basement Apartment, And Two Gorgeous Outdoor Retreats Including A Stunning Rooftop Patio And A Charming Backyard Patio, Perfect For Relaxing or Entertaining. An Exceptional Turnkey Investment Opportunity! Currently Generating $6,450 In Gross Monthly Rental Income ($77,400 Annually), With Three Additional Vacant Bedrooms Offering Potential For Another $4,200 Per Month. At Full Projected Occupancy, Gross Rental Income Could Reach An Impressive $10,650 Monthly or $127,800 Annually, Subject To Applicable Rental Requirements.The Property Comes Furnished, Adding Convenience And Appeal For Investors And End Users Alike. Enjoy An Unbeatable Location Just Steps From Wellesley Subway Station, Yonge Street, Toronto Metropolitan University, Trendy Restaurants, Cafés, Boutique Shops, Parks And Downtown Amenities. Whether You're An Investor Seeking Strong Income Potential Or A Buyer Looking For A Distinctive Urban Residence With Flexible Living Options. This Remarkable Property Offers The Perfect Combination of Location, Lifestyle, Character And Investment Potential! (id:24570)
Location
Province ON
Rooms
Kitchen 2.0
Extra Room 1 Second level 3.33 m X 2.85 m Bedroom
Extra Room 2 Second level 3.56 m X 2.76 m Bedroom
Extra Room 3 Second level 4.27 m X 3.6 m Bedroom
Extra Room 4 Third level 4.36 m X 3.5 m Bedroom
Extra Room 5 Third level 4.48 m X 2.96 m Bedroom
Extra Room 6 Basement 3.5 m X 1.79 m Dining room
Interior
Heating Forced air
Cooling Central air conditioning
Flooring Hardwood
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Story 3
Sewer Sanitary sewer
Others
Ownership Freehold
Listed by CENTURY 21 LEADING EDGE REALTY INC.
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