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Home ON Greater Toronto Area Toronto Old Toronto The Annex
30/32 WELLS STREET
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30/32 WELLS STREET $2,399,000
$2,399,000
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30/32 WELLS STREET
Toronto (Annex), Ontario M5R1P2

MLS® Number: C9398946
4 + 2
Bedrooms
5
Bathrooms
-
Square Feet

Listing Description

Check Out this Fantastic Opportunity. 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. **** EXTRAS **** Speak to listing agent about Vacant possession. (36946612)

Location Description

Spadina & Bloor

Property Summary

Property Type
Single Family
Building Type
House
Storeys
2
Community Name
Annex
Title
Freehold
Land Size
28.58 x 72.5 FT
Annual Property Taxes
$11,172.81
Parking Type
Attached Garage
Time on REALTOR.ca
20 days

Building

Bedrooms
Above Grade
4
Below Grade
2
Bathrooms
Total
5
Partial
1
Interior Features
Appliances Included
Cooktop, Dryer, Hood Fan, Oven, Refrigerator, Stove, Washer
Flooring
Hardwood
Basement Features
Apartment in basement, Walk out
Basement Type
N/A (Finished)
Building Features
Foundation Type
Unknown
Style
Detached
Heating & Cooling
Cooling
Wall unit
Heating Type
Hot water radiator heat (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Amenities Nearby
Park, Public Transit, Schools
Parking
Parking Type
Attached Garage
Total Parking Spaces
4

Rooms

MetricImperial
Main level
Living room
Dining room
Kitchen
Family room
Bedroom
Second level
Living room
Bedroom
Office
Primary Bedroom
Sunroom
Bedroom
Kitchen

Land

Lot Features
Frontage
28 ft ,6 in
Land Depth
72 ft ,6 in
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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