2 Monteith Street, Toronto (church-Yonge Corridor), Ontario

$1,729,000

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7

Beds

3

Baths

About 2 Monteith Street

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:36535)

Features of 2 Monteith Street

Listing # C11950762
Price $1,729,000
Bedrooms 7
Bathrooms 3.00
Acres 0.00
Type Single Family
Sub-Type Freehold

Community Information

Address 2 Monteith Street
Subdivision Church-Yonge Corridor
City Toronto (church-Yonge Corridor)
Province Ontario
Postal Code M4Y1K7

Amenities

Amenities Hospital, Park, Place of Worship, Public Transit, Schools
Utilities Cable, Sewer
Features Lane
Is Waterfront No
Has Pool No

Interior

Appliances Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Washer, Window Coverings
Heating Natural gas Forced air
Cooling Central air conditioning
Fireplace No
# of Stories 3
Has Basement Yes
Basement Apartment in basement

Exterior

Exterior Brick
Lot Description 15.47 x 56.25 FT
Foundation Unknown

Listing Details

OfficeCourtesy Of DEMETRIOS JIM SAIROGLOU Of ROYAL LEPAGE SIGNATURE REALTY

Listing Map