For Sale - 34 River Street, Toronto, Ontario

Est payment $12,004/mo
Views   7
Time on Jump  188 day
  • Great investment opportunity in the vibrant Corktown area of Toronto.
  • Two spacious 1.5-storey units with separate entrances and layouts.
  • Fully finished lower-level suite adds flexibility and income potential.
  • Outstanding access to public transit, restaurants, and shops nearby.
  • Three designated parking spaces, a rare find in this location.



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.
Listing IDC12791164
Address34 River Street
CityToronto, Ontario
Price$2,499,900
Bed / Bath6 / 5 Full
Style2 1/2 Storey, Duplex
ConstructionBrick
Land Size3712.15
TypeMulti-Family
StatusFor Sale
Subtype DuplexIndoor Features NoneOwnership FreeholdBasement Apartment, Separate EntranceFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 3.00
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Listing Agency:  RE/MAX HALLMARK REALTY LTD.

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34 River Street
Toronto , Ontario
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