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Renanza Realty
For sale

2 MONTEITH STREET

Toronto (Church-Yonge Corridor), Ontario

MLS® C14149688

$1,149,000

Status
Active
Property type
House
MLS® number
C14149688
Bedrooms
7
Bathrooms
3
Year built
—

Listing 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!

Property summary

MLS® number
C14149688
Property type
Single Family
Building type
Row / Townhouse
Title
Freehold
Land size
15.5 x 56.3 FT
Annual property taxes
$6,560.51
Parking
No Garage
Days on market
1 day

Features & details

Heating
Forced air, Natural gas
Cooling
Central air conditioning
Basement
Finished, Apartment in basement, N/A, N/A
Flooring
Hardwood
Appliances
Washer, Dishwasher, Dryer, Microwave, Cooktop, Window Coverings, Two Refrigerators
Exterior features
Brick

What would this home cost you?

Based on the $1,149,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$5,346 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of CENTURY 21 LEADING EDGE REALTY INC., TORONTO.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.