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267 Albany Avenue

Toronto (Annex), Ontario M5R3C7

MLS # C14033736

$1,118,000

Property Details

Type

Semi-Detached

Beds

Baths

Status

For Sale

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About this property

An outstanding opportunity in the heart of the Annex! This well-maintained three-storey semi-detached home offers three self-contained residential suites, established rental income and exceptional flexibility in one of Toronto's most sought-after neighbourhoods. An appealing option for investors, end-users seeking income to help offset ownership costs, or those considering a future multi-generational or single-family home. The upper two floors feature a three-bedroom suite ($2,780/month), the main floor a one-bedroom suite ($1,845/month), and the basement a bachelor suite ($938/month). Total current rental income of $5,563/month. All three tenancies are month-to-month. A compelling opportunity to secure a versatile income property in an established, highly walkable downtown neighbourhood, with long-term potential to make it your own. UPGRADES BY SELLER: Significant improvements over the years include basement underpinning and floor lowering, roof replacements, updated 1st floor windows, furnace, and replacement of the main drain from the street. Additional upgrades include a sump pump, backwater valve, and basement flooring (2021), along with a renovated main-floor kitchen and updated appliances throughout the 3 suites. A well-maintained property with substantial investment in key structural and mechanical components.

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Property taxes: about $682/month based on listed annual taxes.

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Rooms

Room	Level	Dimensions
Foyer	Main level	1.22 x 0.97
Bedroom	Third level	4.32 x 3.76
Bedroom	Third level	2.74 x 3.96
Living room	Lower level	3.43 x 4.06
Kitchen	Lower level	4.27 x 4.5
Bedroom	Lower level	4.5 x 4.27
Office	Lower level	3.05 x 2.29
Bathroom	Lower level	3.1 x 2.44
Furnace	Lower level	1.12 x 2.74
Living room	Main level	3.35 x 4.37
Dining room	Main level	3.05 x 4.83
Kitchen	Main level	4.83 x 3.05
Bedroom	Main level	2.97 x 4.06
Partial bathroom	Main level	0.91 x 1.83
Living room	Second level	4.32 x 3.35
Dining room	Second level	3.51 x 4.37
Kitchen	Second level	3.05 x 2.39
Bathroom	Second level	2.03 x 2.34