30/32 Wells St

Detached For Sale in Annex, Toronto C02

$2,399,000
Check Out this Fantastic Opportunity. Well-suited for any lifestyle, this detached corner investment home, facing beautiful greenspace, is ready to welcome you. Located in the heart of the Annex, its just a short walk to three subway stations, Bloor St., Dupont St., bike lanes, & short walking distance to the University of Toronto and George Brown campuses. There's also direct transit access to York University. This smartly configured property offers 3 self-contained, spacious suites, loads of parking options with private double driveway and attached garage. The owner-sized, 2-level unit boasts over 2,000 square feet, featuring views of the park, with 2-3 bedrooms, 3 bathrooms, and a 200-square-foot private terrace. The second-level 2-bedroom unit has a large open living space with views of tree-lined Brunswick Ave, while the lower-level 2-bedroom unit features high ceilings, loads of space and a full-sized kitchen. With Home Inspection completed, this Turnkey-ready, Cash Generating property with numerous upgrades, including fire code updates such as self-closing doors, and sprinkler system, is ready to go. Whether you're looking for a solid investment or a live-and-rent option, this property offers revenue generating flexibility. With a projected gross revenue of $128K per year, you can capitalize on falling interest rates and/or live in one unit while using rental income to pay down your mortgage faster. This is a rare opportunity to own a versatile property in one of Toronto's most desirable and central downtown neighborhoods. Offers anytime, don't delay.
Address 30/32 Wells St
List Price $2,399,000
Property Type Free
Type of Dwelling Detached
Style of Home 2-Storey
Area Toronto C02
Sub-Area Annex
Bedrooms 4 + 2
Bathrooms 5
MLS® Number C9398946
Listing Brokerage FREEMAN REAL ESTATE LTD.
Postal Code M5R 1P2
Tax Amount $11,173
Tax Year 2024

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Victor Alvarez, Sales Representative

RE/MAX Condos Plus Corp. Brokerage

45 Harbour Square Toronto ON M5J 2G4

Mobile: 647-223-0562

Office: 416-203-6636

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