Toronto (annex), ON M5R1P2,30/32 WELLS STREET
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Toronto (annex), ON M5R1P2,30/32 WELLS STREET
Toronto (annex), ON M5R1P2,30/32 WELLS STREET
Toronto (annex), ON M5R1P2,30/32 WELLS STREET
Toronto (annex), ON M5R1P2,30/32 WELLS STREET
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$ 2,399,000
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30/32 WELLS STREET Toronto (annex), ON M5R1P2

6 Beds

5 Baths


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Subdivision Annex

MLS® Listing ID C9398946

Bedrooms 6

Half Baths 1

Originating Board Toronto Regional Real Estate Board

Property Description

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:24570)

Location

Province ON

Rooms

Extra Room 1 Second level 4.01 m X 4.95 m Living room

Extra Room 2 Second level 3.51 m X 3.99 m Bedroom

Extra Room 3 Second level 3.51 m X 2.39 m Office

Extra Room 4 Second level 4.01 m X 4.5 m Primary Bedroom

Extra Room 5 Second level 2.51 m X 2.24 m Sunroom

Extra Room 6 Second level 3.51 m X 2.64 m Bedroom

Interior

Heating Hot water radiator heat

Cooling Wall unit

Flooring Hardwood

Exterior

Garage Yes

Waterfront No

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Others

Ownership Freehold


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Listed by FREEMAN REAL ESTATE LTD.

AJ Hazzi

Broker | License ID: 1390206

+1(250) 717-3133

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30/32 WELLS STREET