2 Monteith Street, Toronto, ON M4Y 1K7
For Sale

2 Monteith Street

Church-Yonge Corridor, Toronto

7 bedrooms 3 bathrooms 1,750 sqft

C$ 1,149,000

Property overview

A residence that redefines church-yonge corridor living

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!

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Financing

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C$
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C$ 229,800

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Estimated monthly payment

C$ 5,508

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Google reviews

4.9

124 reviews · Google

Marcus Heyns2 weeks ago

Pavel was extraordinary from first contact to transfer. He understood exactly what we were looking for and never once…

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Sophie Delacroix1 month ago

Calm, sharp and endlessly patient. He never once pushed us into a decision we were not ready for. Highly recommend.

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Emmanuel Osei2 months ago

Sold above asking in a soft market. Staging advice alone paid for itself several times over. Deeply professional.

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