2 Monteith Street

Toronto (Church-Yonge Corridor), Ontario M4Y1K7

MLS # C14149688

$1,149,000

Property Details

Type

Townhouse

Beds

Baths

Status

For Sale

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About this property

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!

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Rooms

Room	Level	Dimensions
Living room	Main level	6.85 x 3.63
Dining room	Basement	3.5 x 1.79
Bedroom	Basement	3.55 x 3.36
Kitchen	Basement	1.79 x 2
Dining room	Main level	6.85 x 3.63
Kitchen	Main level	4.37 x 3.63
Bedroom	Main level	3.4 x 3.39
Bedroom	Second level	3.33 x 2.85
Bedroom	Second level	3.56 x 2.76
Bedroom	Second level	4.27 x 3.6
Bedroom	Third level	4.36 x 3.5
Bedroom	Third level	4.48 x 2.96
Living room	Basement	4.31 x 3.7