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$ 2,699,900

Est. payment | -/mo

6 Beds

5 Baths

2,000 SqFt

Save

$ 2,699,900

Est. payment | -/mo

Save

6 Beds

5 Baths

2,000 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000 - 2500

Square Footage 2,000 sqft

Price per Sqft $1,349

Subdivision Regent Park

MLS® Listing ID C12791164

Bedrooms 6

Half Baths 1

Property Description

Exceptional investment and income-generating opportunity in the heart of Corktown. Ideally situated with just a five-minute walk to both Queen Street East and King Street East. This property offers outstanding access to public transit, downtown Toronto, and a vibrant mix of restaurants, shops, and amenities. Meticulously maintained over the years by the live-in owner, this legal duplex showcases pride of ownership throughout. The home features two spacious 1.5-storey units, each offering a 1+1 bedroom layout. The main floor unit boasts generous principal rooms with high ceilings, large windows, and an abundance of natural light. The second/third-floor unit mirrors this thoughtful layout and design, and is currently tenanted, providing immediate rental income. Originally built in 1890, this charming Victorian residence blends timeless character with tasteful updates and modern renovations. The open-concept living spaces, impressive ceiling heights, and expansive windows create bright and inviting interiors that appeal to both tenants and end users alike. The lower level includes a fully finished two-bedroom apartment or in-law suite with a separate entrance, further enhancing income potential and flexibility. Estimated gross annual income ranges between $100,000 and $110,000, making this a compelling addition to any investment portfolio. Property features three designated parking spaces - a rare and valuable asset in this central location. Exterior features include a large ground-level deck for the main unit, and a spacious rooftop deck exclusively for the upper unit, both offering exceptional outdoor living space. This is a rare opportunity to acquire a well-maintained, income-producing property in one of Toronto's most desirable and historically rich neighbourhoods. (id:24570)

Location

Province ON

Rooms

Kitchen 3.0

Extra Room 1 Lower level 3.51 m X 2.72 m Bedroom

Extra Room 2 Lower level 4.72 m X 2.84 m Bedroom

Extra Room 3 Lower level 3.78 m X 3.45 m Kitchen

Extra Room 4 Lower level 4.85 m X 2.64 m Living room

Extra Room 5 Main level 7.95 m X 3.49 m Living room

Extra Room 6 Main level 5.31 m X 5.16 m Kitchen

Interior

Heating Forced air

Cooling Central air conditioning

Flooring Laminate, Hardwood, Carpeted

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 3

Private Pool No

Building

Story 2.5

Sewer Sanitary sewer

Listed by RE/MAX HALLMARK REALTY LTD.

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34 RIVER STREET Toronto (regent Park), ON M5A3N9