$ 2,399,000
30/32 Wells ST Toronto C02, ON M5R 1P2
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,399,000
Est. payment /mo
Active
30/32 Wells ST Toronto C02, ON M5R 1P2
4 Beds
5 Baths
UPDATED:
11/05/2024 03:00 PM
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
MLS Listing ID C9398946
Style 2-Storey
Bedrooms 4
Annual Tax Amount $11,172
Tax Year 2024
Property Description
Check Out this Fantastic Opportunity. 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.
Location
State ON
County Toronto
Area Annex
Rooms
Family Room Yes
Basement Apartment, Finished with Walk-Out
Kitchen 3
Separate Den/Office 2
Interior
Interior Features None
Cooling Wall Unit(s)
Fireplace Yes
Heat Source Gas
Exterior
Garage Private Double
Garage Spaces 2.0
Pool None
Waterfront No
Roof Type Unknown
Parking Type Attached
Total Parking Spaces 4
Building
Unit Features Park,Public Transit,School
Foundation Unknown
Listed by FREEMAN REAL ESTATE LTD.