7 Bedroom
3 Bathroom
Central Air Conditioning
Forced Air
$1,729,000
Rare Income Property in the Heart of Church & Wellesley! This stunning 3-story brick home is full of character and offers 2,300 sq. ft. of versatile living space. A perfect opportunity for investors seeking strong returns or first-time buyers looking to offset carrying costs with rental income. Currently at 56% occupancy, generating $6,200/month, with full occupancy potential of $11,000/month. The home features 6 spacious bedrooms plus a large basement bedroom that can be reconfigured into two. Enjoy 3 fully renovated bathrooms, a walkout to a private backyard from the main floor, and a beautiful second-floor terrace, perfect for BBQs and entertaining. Recent upgrades include new plumbing, electrical, and a tankless water heater, ensuring efficiency and peace of mind. Situated steps from transit and fronting onto a scenic park, this unbeatable location is just moments from cafs, restaurants, grocery stores,and TMU University. Dont miss out on this rare investment opportunity in one of downtown Toronto's most sought-after neighborhoods! **EXTRAS** All equipment is owned at the property. Seller willing to include all furniture for an agreed price. (id:61594)
Property Details
MLS® Number
|
C11950762 |
Property Type
|
Single Family |
Community Name
|
Church-Yonge Corridor |
Amenities Near By
|
Hospital, Park, Place Of Worship, Public Transit, Schools |
Features
|
Lane |
Building
Bathroom Total
|
3 |
Bedrooms Above Ground
|
6 |
Bedrooms Below Ground
|
1 |
Bedrooms Total
|
7 |
Appliances
|
Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Washer, Window Coverings |
Basement Development
|
Finished |
Basement Features
|
Apartment In Basement |
Basement Type
|
N/a (finished) |
Construction Style Attachment
|
Attached |
Cooling Type
|
Central Air Conditioning |
Exterior Finish
|
Brick |
Foundation Type
|
Unknown |
Heating Fuel
|
Natural Gas |
Heating Type
|
Forced Air |
Stories Total
|
3 |
Type
|
Row / Townhouse |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Fence Type
|
Fenced Yard |
Land Amenities
|
Hospital, Park, Place Of Worship, Public Transit, Schools |
Sewer
|
Sanitary Sewer |
Size Depth
|
56 Ft ,3 In |
Size Frontage
|
15 Ft ,5 In |
Size Irregular
|
15.47 X 56.25 Ft |
Size Total Text
|
15.47 X 56.25 Ft |
Utilities
Cable
|
Available |
Sewer
|
Installed |
https://www.realtor.ca/real-estate/27866288/2-monteith-street-toronto-church-yonge-corridor-church-yonge-corridor