2 MONTEITH STREET, Toronto, ON M4Y1K7
2 MONTEITH STREET, Toronto, ON M4Y1K7
2 MONTEITH STREET, Toronto, ON M4Y1K7
2 MONTEITH STREET, Toronto, ON M4Y1K7
2 MONTEITH STREET, Toronto, ON M4Y1K7
2 MONTEITH STREET, Toronto, ON M4Y1K7
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$ 1,149,000
Est. payment | /mo

7 Beds

3 Baths


Save
$ 1,149,000
Est. payment | /mo
Save

7 Beds

3 Baths

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 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

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Listed by CENTURY 21 LEADING EDGE REALTY INC.

Nearby Locations

Aman Singh

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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2 MONTEITH STREET