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420 Annette Street Toronto (Junction Area), Ontario M6P 1R9

5 Bedroom 2 Bathroom
Fireplace Central Air Conditioning Forced Air

$1,750,000

Attention investors and savvy buyers! This exceptional corner duplex presents a strategic investment opportunity with 2 LEGAL units and the potential for a third unit in the basement. Located in the coveted Junction area, this property has undergone extensive renovations valued in the hundreds of thousands of dollars, all compliant with building codes and secured with proper permits. The newly renovated unit is vacant and ready to yield peak area rental rates. The upgrades include a brand-new kitchen with appliances, LED lighting throughout, modern HVAC systems, new plumbing, and upgraded individual electrical panels.A unique feature of this property is the rare garage with 2 parking spots plus 1 driveway space. Additionally, the property boasts a very large walk-out deck, perfect for outdoor relaxation and entertaining. Enjoy the convenience of being just minutes from downtown, parks, schools, restaurants, and shops, with TTC at your doorstep. Whether you choose to rent the entire building or live in one unit while renting out the other two, this property promises substantial rental income and future capital appreciation. Moreover, the property requires minimal exterior maintenance as it encompasses almost the entire lot.Don't miss out on this outstanding investment opportunity in a sought-after location. (id:31697)

Property Details

MLS® Number W9018236
Property Type Single Family
Community Name Junction Area
ParkingSpaceTotal 3

Building

BathroomTotal 2
BedroomsAboveGround 4
BedroomsBelowGround 1
BedroomsTotal 5
Amenities Separate Electricity Meters, Separate Heating Controls
Appliances Garage Door Opener Remote(s)
BasementFeatures Separate Entrance
BasementType Full
CoolingType Central Air Conditioning
ExteriorFinish Brick
FireplacePresent Yes
FireplaceTotal 3
FoundationType Concrete
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
Type Duplex
UtilityWater Municipal Water

Parking

Attached Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 92 Ft
SizeFrontage 24 Ft
SizeIrregular 24 X 92 Ft
SizeTotalText 24 X 92 Ft
ZoningDescription Duplex

https://www.realtor.ca/real-estate/27142877/420-annette-street-toronto-junction-area-junction-area

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