$ 2,399,000
30/32 Wells ST Toronto C02, ON M5R 1P2
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$ 2,399,000
Est. payment /mo
New
30/32 Wells ST Toronto C02, ON M5R 1P2
4 Beds
5 Baths
UPDATED:
10/21/2024 01:16 PM
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
MLS Listing ID C9398946
Style 2-Storey
Bedrooms 4
Annual Tax Amount $11,172
Tax Year 2024
Property Description
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.
Location
Province ON
County Toronto
Rooms
Family Room Yes
Basement Apartment, Finished with Walk-Out
Kitchen 3
Separate Den/Office 2
Interior
Interior Features None
Cooling Wall Unit(s)
Fireplace Yes
Exterior
Garage Private Double
Garage Spaces 2.0
Pool None
Waterfront No
Roof Type Unknown
Parking Type Attached
Total Parking Spaces 4
Building
Unit Features Park,Public Transit,School
Foundation Unknown
Listed by FREEMAN REAL ESTATE LTD.