C9398946

Price:
$2,399,000  For Sale
MLS® No:
C9398946
Intersection:
Spadina & Bloor
Community:
Annex
Address:
30/32 Wells St, Toronto, Ontario, M5R 1P2
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Features

Property Type:
Detached
Property Style:
2-Storey
Land Size:
28.58 X 72.5Feet
Possession:
90 days
Annual Property Taxes (estimate):
$11,172.81 / 2024 Tax Year
Basement:
Apartment
Exterior Finish:
Brick
#Bedrooms:
4 + 2
#Bathrooms:
5
#Kitchens:
2 + 1
Garage Type:
Attached
#Garages:
2
#Parkings:
2
Heat Source:
Gas
Heat Type:
Water
Central AC:
Wall Unit
Fire Place:
Y
Pool:
None
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.
Speak to listing agent about Vacant possession.

Rooms

Room Type Size Description
Br 3.99 x 3.51m B/I Closet
Living 4.95 x 4.01m Closet
Kitchen 2.82 x 2.18m Window
Br 2.64 x 3.51m
Sunroom 2.24 x 2.51m O/Looks Park
Prim Bdrm 4.50 x 4.01m Fireplace
Br 4.32 x 3.40m W/W Closet
Office 2.39 x 3.51m Open Concept
Kitchen 3.35 x 3.51m Centre Island
Family 6.81 x 3.51m W/O To Deck
Living 6.50 x 3.40m Hardwood Floor
Dining 2.24 x 5.26m Hardwood Floor
Listing Contracted With: FREEMAN REAL ESTATE LTD. (Independently Owned & Operated)
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.
Kevin ChouSale Representative Bus: 416-535-3103Direct: 647-273-1482
Yuhan KoSales RepresentativeDirect: 647-390-0822Bus: 416-535-3103
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