Townhouse for Sale: 2 Monteith Street, Church-Yonge Corridor, Toronto

MLS® Number C14149688
For Sale   $ 1,149,000
  • 7 beds | 
  • 3 baths | 
  • 1500-2000 SQFT
Kate Naccarato
Kate Naccarato Sales Representative 416-779-6085
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Description

Residential Freehold Att/Row/Townhouse For Sale.

A Rare Income-Generating Gem In The Heart of Downtown Toronto! Welcome To 2 Monteith Street, A Tastefully Renovated And Meticulously Maintained Three-Storey Victorian Residence Nestled In The Highly Sought-After Church-Wellesley Village! Offering Approximately 2,300 Sq. Ft. of Living Space. This Beautifully Appointed Property Seamlessly Blends Timeless Architectural Charm With Modern Comfort And Functionality. Featuring Spacious, Well-Designed Interiors, A Fully Finished Basement Apartment, And Two Gorgeous Outdoor Retreats Including A Stunning Rooftop Patio And A Charming Backyard Patio, Perfect For Relaxing or Entertaining. An Exceptional Turnkey Investment Opportunity! Currently Generating $6,450 In Gross Monthly Rental Income ($77,400 Annually), With Three Additional Vacant Bedrooms Offering Potential For Another $4,200 Per Month. At Full Projected Occupancy, Gross Rental Income Could Reach An Impressive $10,650 Monthly or $127,800 Annually, Subject To Applicable Rental Requirements.The Property Comes Furnished, Adding Convenience And Appeal For Investors And End Users Alike. Enjoy An Unbeatable Location Just Steps From Wellesley Subway Station, Yonge Street, Toronto Metropolitan University, Trendy Restaurants, Cafés, Boutique Shops, Parks And Downtown Amenities. Whether You're An Investor Seeking Strong Income Potential Or A Buyer Looking For A Distinctive Urban Residence With Flexible Living Options. This Remarkable Property Offers The Perfect Combination of Location, Lifestyle, Character And Investment Potential!

Interior Features: None

Cross Street: Church St./Wellesley St.

Direction Faces: North

Key Facts

  • Days on: 0 days
  • Mls Status: New
  • Board Property Type: Free
  • Bedrooms Total: 7
  • Bedrooms Below Grade: 1
  • Bedrooms Above Grade: 6
  • Den / Family Room: Yes
  • Bathrooms Total Integer: 3
  • Lot Width: 15.47
  • Kitchens Total: 2
  • Parking Features: None
  • Garage Type: None
  • Heat Source: Gas
  • Heat Type: Forced Air
  • Cooling: Central Air
  • Living Area Range: 1500-2000 Square Feet

Location 2, Monteith, Church-Yonge Corridor, Toronto

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Kate Naccarato
Sales Representative 416-779-6085