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2 MONTEITH STREET, Toronto (Church-Yonge Corridor) — listed at $1,149,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
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! (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 6.85 x 3.63 meters |
| Dining room | Basement | 3.5 x 1.79 meters |
| Bedroom | Basement | 3.55 x 3.36 meters |
| Kitchen | Basement | 1.79 x 2 meters |
| Dining room | Main level | 6.85 x 3.63 meters |
| Kitchen | Main level | 4.37 x 3.63 meters |
| Bedroom | Main level | 3.4 x 3.39 meters |
| Bedroom | Second level | 3.33 x 2.85 meters |
| Bedroom | Second level | 3.56 x 2.76 meters |
| Bedroom | Second level | 4.27 x 3.6 meters |
| Bedroom | Third level | 4.36 x 3.5 meters |
| Bedroom | Third level | 4.48 x 2.96 meters |
| Living room | Basement | 4.31 x 3.7 meters |
Is 2 MONTEITH STREET a good fit for a growing family?+
With 7 bedrooms and 3 bathrooms, there's room for kids plus a guest room or home office. The 3-storey layout keeps living and sleeping areas separated.
Does it have a basement, and is it finished?+
Yes — Finished, Apartment in basement, N/A, N/A. A finished basement adds meaningful living space beyond the listed square footage.
What makes this a luxury property?+
At $1,149,000, standout features include 3 bathrooms. In this price range, expect higher-end finishes — verify during a showing.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
What's the parking situation?+
This property includes 0 spaces — No Garage.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
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