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2 Monteith Street Toronto (Church-Yonge Corridor), Ontario M4Y 1K7

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$1,729,000

MLS® Number: C11950762
7 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:59126)

Property Details

MLS® Number C11950762
Property Type Single Family
Community Name Church-Yonge Corridor
AmenitiesNearBy Hospital, Park, Place Of Worship, Public Transit, Schools
Features Lane

Building

BathroomTotal 3
BedroomsAboveGround 6
BedroomsBelowGround 1
BedroomsTotal 7
Appliances Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Washer, Window Coverings
BasementDevelopment Finished
BasementFeatures Apartment In Basement
BasementType N/a (finished)
ConstructionStyleAttachment Attached
CoolingType Central Air Conditioning
ExteriorFinish Brick
FoundationType Unknown
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 3
Type Row / Townhouse
UtilityWater Municipal Water

Land

Acreage No
FenceType Fenced Yard
LandAmenities Hospital, Park, Place Of Worship, Public Transit, Schools
Sewer Sanitary Sewer
SizeDepth 56 Ft ,3 In
SizeFrontage 15 Ft ,5 In
SizeIrregular 15.47 X 56.25 Ft
SizeTotalText 15.47 X 56.25 Ft

Utilities

Cable Available
Sewer Installed

https://www.realtor.ca/real-estate/27866288/2-monteith-street-toronto-church-yonge-corridor-church-yonge-corridor

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