Nikolay and Tatiana Team

2 Monteith Street Toronto, Ontario M4Y 1K7

7 Bedroom 3 Bathroom 1,500 - 2,000 sqft
Fireplace Central Air Conditioning Forced Air

$1,149,000

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! (id:55499)

Property Details

MLS® Number C14149688
Property Type Single Family
Community Name Church-Yonge Corridor

Building

Bathroom Total 3
Bedrooms Above Ground 6
Bedrooms Below Ground 1
Bedrooms Total 7
Amenities Fireplace(s)
Appliances Cooktop, Dishwasher, Dryer, Microwave, Washer, Window Coverings, Two Refrigerators
Basement Development Finished
Basement Features Apartment In Basement
Basement Type N/a, N/a (finished)
Construction Style Attachment Attached
Cooling Type Central Air Conditioning
Exterior Finish Brick
Fireplace Present Yes
Flooring Type Hardwood
Foundation Type Unknown
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Size Interior 1,500 - 2,000 Sqft
Type Row / Townhouse
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 56 Ft ,3 In
Size Frontage 15 Ft ,6 In
Size Irregular 15.5 X 56.3 Ft
Size Total Text 15.5 X 56.3 Ft

Rooms

Level Type Dimensions
Second Level Bedroom 3.33 m x 2.85 m
Second Level Bedroom 3.56 m x 2.76 m
Second Level Bedroom 4.27 m x 3.6 m
Third Level Bedroom 4.36 m x 3.5 m
Third Level Bedroom 4.48 m x 2.96 m
Basement Dining Room 3.5 m x 1.79 m
Basement Bedroom 3.55 m x 3.36 m
Basement Kitchen 1.79 m x 2 m
Basement Living Room 4.31 m x 3.7 m
Main Level Living Room 6.85 m x 3.63 m
Main Level Dining Room 6.85 m x 3.63 m
Main Level Kitchen 4.37 m x 3.63 m
Main Level Bedroom 3.4 m x 3.39 m

https://www.realtor.ca/real-estate/30480011/2-monteith-street-toronto-church-yonge-corridor-church-yonge-corridor

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