C9398946
Price:
$2,399,000 For Sale
Intersection:
Spadina & Bloor
Address:
30/32 Wells St, Toronto, Ontario, M5R 1P2
Features
Land Size:
28.58 X 72.5Feet
Annual Property Taxes (estimate):
$11,172.81 / 2024 Tax Year
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.