2 MONTEITH STREET, Toronto, Ontario
$1,729,000
- 7 Beds
- 3 Baths
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:56241)
- Listing ID: C11950762
- Property Type: Single Family
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 2 MONTEITH STREET in Toronto Ontario. It was last modified on February 1st, 2025. Contact us to schedule a viewing or to discover other Toronto homes for sale.