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$ 2,399,000
Est. payment /mo
Active
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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