PROPERTY DETAILS

2 Monteith Street,

Toronto, Ontario M4Y 1K7

$1,729,000
6+1
3

Rare Income Property in the Heart of Church & Wellesley! This stunning 3-story brick home is full of character and offers 2,300 sq. ft. of versatile living space. A perfect opportunity for investors seeking strong returns or first-time buyers looking to offset carrying costs with rental income. Currently at 56% occupancy, generating $6,200/month, with full occupancy potential of $11,000/month. The home features 6 spacious bedrooms plus a large basement bedroom that can be reconfigured into two. Enjoy 3 fully renovated bathrooms, a walkout to a private backyard from the main floor, and a beautiful second-floor terrace, perfect for BBQs and entertaining. Recent upgrades include new plumbing, electrical, and a tankless water heater, ensuring efficiency and peace of mind. Situated steps from transit and fronting onto a scenic park, this unbeatable location is just moments from cafs, restaurants, grocery stores,and TMU University. Dont miss out on this rare investment opportunity in one of downtown Toronto's most sought-after neighborhoods! **EXTRAS** All equipment is owned at the property. Seller willing to include all furniture for an agreed price. (id:29237)

Property Details
MLS® Number C11950762
Property Type Single Family
Building Type Row / Townhouse
Storeys 3
Community Name Church-Yonge Corridor
Title Freehold
Land Size 15.47 x 56.25 FT
Amenities Nearby Hospital, Park, Place of Worship, Public Transit, Schools
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Location
Building
Basement Development Finished
Basement Features Apartment in basement
Basement Type N/A (Finished)
Bathrooms (Total) 3
Bedrooms - Above Grade 6
Bedrooms - Below Grade 1
Cooling Central air conditioning
Exterior Finish Brick
Heating Fuel Natural gas
Heating Type Forced air
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March 10 2025 09:35:00

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