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    For Sale - 2 Monteith Street, Toronto, Ontario

    Est payment $5,517/mo
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    Time on Jump  1 days

    AI Summary *

    • Renovated three-storey Victorian residence with approximately 2,300 square feet of living space.
    • Finished basement apartment and three vacant bedrooms offer flexible rental potential.
    • Rooftop and backyard patios provide outdoor spaces for relaxing or entertaining.
    • Furnished property currently generates $6,450 in gross monthly rental income.
    • Steps from subway, university, restaurants, shops, parks, and downtown amenities.




    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!
    Listing IDC14149688
    Address2 Monteith Street
    CityToronto, Ontario
    Price$1,149,000
    Bed / Bath7 / 3 Full
    Style3-Storey, Att/Row/Townhouse
    ConstructionBrick
    TypeResidential
    StatusFor Sale

    Subtype Att/Row/TownhouseIndoor Features NoneOwnership FreeholdBasement Apartment, FinishedFoundation UnknownHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

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    Listing Brokerage: CENTURY 21 LEADING EDGE REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    2 Monteith Street
    Toronto , Ontario
    7 3 $1,149,000
    Get more info