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401 Clinton Street Toronto, Ontario M6G 2Z1

5 Bedroom 3 Bathroom 2337 sqft
None Forced Air

$1,575,000

Legal Duplex with Endless Possibilities in Prime Downtown Toronto Location. Nestled on a quiet tree-lined street of century homes, this duplex currently has three self-contained suites. Highly walkable to trendy shops, restaurants, Christie Pits Park and a 7-min stroll to the Bathurst Subway connecting you to all corners of the city. A lovely private yard perfect for entertaining. The single-car garage, if removed or rebuilt, could provide two parking spaces. Great investment opportunity or restore to a gorgeous 2.5-story semi. Basement waterproofing was completed in 2016, asphalt shingles in 2024, and forced air gas furnace and water heater in 2019. Upper is 3 Bdrm, Main is 1 Bdrm & Basement is 1Bdrm. A stone's throw from U of T. Outdoor enthusiasts will enjoy Christie Pits Park with sports fields, a pool, a playground & ice rink. Endless possibilities and a neighbourhood offering the very best of Toronto Living. Currently configured as three self-contained suites, this property generates a substantial monthly rental income of $5,000. However, with some renovations, it could easily be transformed into a magnificent 2.5-story single-family home, providing ample space for your family and guests. Current Rental Income: $2100 Upper, $1450 Main, $1450 Lower, for a total of $5000/mo. Landlord pays utilities. Market Rental Data suggests a potential of $7500/mo (buyer to do their own due diligence). An excellent investment opportunity to live in one suite and rent the others, and many opportunities to customize the home for your lifestyle. Whether you're seeking a lucrative investment property with immediate cash flow or a blank canvas to create your dream home in a prime downtown location, this property offers the perfect blend of flexibility, potential, and lifestyle amenities. Don't miss this rare opportunity to own a piece of Toronto in this vibrant location. (id:31697)

Property Details

MLS® Number 40594023
Property Type Single Family
Amenities Near By Park, Playground, Public Transit, Schools, Shopping
Equipment Type Water Heater
Parking Space Total 1
Rental Equipment Type Water Heater
Structure Porch

Building

Bathroom Total 3
Bedrooms Above Ground 4
Bedrooms Below Ground 1
Bedrooms Total 5
Appliances Dryer, Refrigerator, Stove, Washer
Basement Development Finished
Basement Type Full (finished)
Constructed Date 1910
Construction Style Attachment Semi-detached
Cooling Type None
Exterior Finish Brick, Stucco
Foundation Type Unknown
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Size Interior 2337 Sqft
Type House
Utility Water Municipal Water

Parking

Detached Garage
None

Land

Acreage No
Land Amenities Park, Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 128 Ft
Size Frontage 19 Ft
Size Total Text Under 1/2 Acre
Zoning Description M6g

Rooms

Level Type Dimensions
Second Level 3pc Bathroom Measurements not available
Second Level Bedroom 11'7'' x 9'8''
Second Level Bedroom 15'4'' x 10'5''
Second Level Kitchen 11'0'' x 10'5''
Third Level Bedroom 12'10'' x 12'8''
Third Level Living Room 11'9'' x 10'5''
Basement Storage 6'0'' x 6'0''
Basement 4pc Bathroom Measurements not available
Basement Bedroom 14'9'' x 9'2''
Basement Kitchen 14'3'' x 5'2''
Basement Living Room 15'6'' x 14'10''
Main Level 3pc Bathroom Measurements not available
Main Level Bedroom 10'10'' x 10'9''
Main Level Kitchen 14'8'' x 11'1''
Main Level Living Room 13'7'' x 9'6''

https://www.realtor.ca/real-estate/26979076/401-clinton-street-toronto

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