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$ 1,149,000
Est. payment /mo
New
2 Monteith ST Toronto, ON M4Y 1K7
6 Beds
3 Baths
UPDATED:
Key Details
Property Type Townhouse
Sub Type Att/Row/Townhouse
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Municipality Toronto C08
Subdivision Church-Yonge Corridor
MLS Listing ID C14149688
Style 3-Storey
Bedrooms 6
Annual Tax Amount $6,560
Tax Year 2026
Property Sub-Type Att/Row/Townhouse
Property Description
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!
Location
Province ON
County Toronto
Community Toronto C08
Area Toronto
Rooms
Family Room Yes
Basement Apartment, Finished
Kitchen 2
Separate Den/Office 1
Interior
Interior Features None
Heating Yes
Cooling Central Air
Fireplaces Type Wood
Fireplace Yes
Heat Source Gas
Exterior
Parking Features None
Pool None
Roof Type Unknown
Lot Frontage 15.47
Lot Depth 56.25
Building
Foundation Unknown
Others
ParcelsYN No
Listed by CENTURY 21 LEADING EDGE REALTY INC.
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