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    For Sale - 267 Albany Avenue, Toronto, Ontario

    Est payment $5,369/mo
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    Views   1
    Time on Jump  17 day

    AI Summary *

    • Three self-contained suites generate $5,563 in current monthly rental income, with month-to-month tenancies.
    • Flexible layout suits investors, owner-occupants seeking rental income, or future multi-generational living.
    • Each suite has its own laundry facilities.
    • Walkable location near university campuses and several school catchments.
    • Key improvements include basement underpinning, roof replacements, updated furnace, and main drain replacement.




    Prudent investment vehicle, or live in the heart of the annex and cover your mortgage payments. An outstanding opportunity on a friendly annex street, with palmerston elementary, essex, and harbord collegiate catchment. Short walk to uoft and george brown campuses. 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. Each unit has its own laundry facilities. 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.
    Listing IDC14033736
    Address267 Albany Avenue
    CityToronto, Ontario
    Price$1,118,000
    Bed / Bath4 / 3 Full
    Style3-Storey, Semi-Detached
    ConstructionBrick, Other
    TypeResidential
    StatusFor Sale

    Subtype Semi-Detached Indoor Features NoneOutdoor Features Deck, PorchAmenities Library, Park, Place Of Worship, Public Transit, SchoolOwnership FreeholdBasement ApartmentFoundation UnknownHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

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    Listing Brokerage: FREEMAN REAL ESTATE LTD.

    * 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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    267 Albany Avenue
    Toronto , Ontario
    4 3 $1,118,000
    Get more info