Matthew Tenk
Broker of Record
30/32 Wells Street Toronto (Annex), Ontario M5R 1P2
$2,399,000
Check Out this Fantastic Opportunity. Well-suited for any lifestyle, this detached corner investment home, facing beautiful greenspace, is ready to welcome you. Located in the heart of the Annex, its just a short walk to three subway stations, Bloor St., Dupont St., bike lanes, & short walking distance to the University of Toronto and George Brown campuses. There's also direct transit access to York University. This smartly configured property offers 3 self-contained, spacious suites, loads of parking options with private double driveway and attached garage. The owner-sized, 2-level unit boasts over 2,000 square feet, featuring views of the park, with 2-3 bedrooms, 3 bathrooms, and a 200-square-foot private terrace. The second-level 2-bedroom unit has a large open living space with views of tree-lined Brunswick Ave, while the lower-level 2-bedroom unit features high ceilings, loads of space and a full-sized kitchen. With Home Inspection completed, this Turnkey-ready, Cash Generating property with numerous upgrades, including fire code updates such as self-closing doors, and sprinkler system, is ready to go. Whether you're looking for a solid investment or a live-and-rent option, this property offers revenue generating flexibility. With a projected gross revenue of $128K per year, you can capitalize on falling interest rates and/or live in one unit while using rental income to pay down your mortgage faster. This is a rare opportunity to own a versatile property in one of Toronto's most desirable and central downtown neighborhoods. Offers anytime, don't delay. **** EXTRAS **** Speak to listing agent about Vacant possession. (id:39551)
Property Details
| MLS® Number | C9398946 |
| Property Type | Single Family |
| Community Name | Annex |
| Amenities Near By | Park, Public Transit, Schools |
| Parking Space Total | 4 |
Building
| Bathroom Total | 5 |
| Bedrooms Above Ground | 4 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 6 |
| Appliances | Cooktop, Dryer, Hood Fan, Oven, Refrigerator, Stove, Washer |
| Basement Development | Finished |
| Basement Features | Apartment In Basement, Walk Out |
| Basement Type | N/a (finished) |
| Construction Style Attachment | Detached |
| Cooling Type | Wall Unit |
| Exterior Finish | Brick |
| Fireplace Present | Yes |
| Flooring Type | Hardwood |
| Foundation Type | Unknown |
| Half Bath Total | 1 |
| Heating Fuel | Natural Gas |
| Heating Type | Hot Water Radiator Heat |
| Stories Total | 2 |
| Type | House |
| Utility Water | Municipal Water |
Parking
| Attached Garage |
Land
| Acreage | No |
| Land Amenities | Park, Public Transit, Schools |
| Sewer | Sanitary Sewer |
| Size Depth | 72 Ft ,6 In |
| Size Frontage | 28 Ft ,6 In |
| Size Irregular | 28.58 X 72.5 Ft |
| Size Total Text | 28.58 X 72.5 Ft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Living Room | 4.01 m | 4.95 m | 4.01 m x 4.95 m |
| Second Level | Bedroom | 3.51 m | 3.99 m | 3.51 m x 3.99 m |
| Second Level | Office | 3.51 m | 2.39 m | 3.51 m x 2.39 m |
| Second Level | Primary Bedroom | 4.01 m | 4.5 m | 4.01 m x 4.5 m |
| Second Level | Sunroom | 2.51 m | 2.24 m | 2.51 m x 2.24 m |
| Second Level | Bedroom | 3.51 m | 2.64 m | 3.51 m x 2.64 m |
| Second Level | Kitchen | 2.18 m | 2.82 m | 2.18 m x 2.82 m |
| Main Level | Living Room | 3.4 m | 6.5 m | 3.4 m x 6.5 m |
| Main Level | Dining Room | 5.26 m | 2.24 m | 5.26 m x 2.24 m |
| Main Level | Kitchen | 3.51 m | 3.35 m | 3.51 m x 3.35 m |
| Main Level | Family Room | 3.51 m | 6.81 m | 3.51 m x 6.81 m |
| Main Level | Bedroom | 3.4 m | 4.32 m | 3.4 m x 4.32 m |
https://www.realtor.ca/real-estate/27547666/3032-wells-street-toronto-annex-annex
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Toronto Real Estate Board
Freeman Real Estate Ltd.
November 11 2024 03:24:33
