Toronto C02, ON M5R 1P2,30/32 Wells ST
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Toronto C02, ON M5R 1P2,30/32 Wells ST
Toronto C02, ON M5R 1P2,30/32 Wells ST
Toronto C02, ON M5R 1P2,30/32 Wells ST
Toronto C02, ON M5R 1P2,30/32 Wells ST

$2,315,000

Est. payment /mo

$2,399,000

3.5%
Est.Price: ?

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30/32 Wells ST Toronto C02, ON M5R 1P2

6 Beds

5 Baths

SOLD DATE : 12/10/2024

Key Details

Sold Price $2,315,000

Property Type Single Family Home

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

MLS Listing ID C9398946

Sold Date 12/10/24

Style 2-Storey

Bedrooms 6

Annual Tax Amount $11,172

Tax Year 2024

Property Description

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.

Location

State ON

County Toronto

Community Annex

Area Toronto

Region Annex

City Region Annex

Rooms

Family Room Yes

Basement Apartment, Finished with Walk-Out

Kitchen 3

Separate Den/Office 2

Interior

Interior Features None

Cooling Wall Unit(s)

Exterior

Parking Features Private Double

Garage Spaces 4.0

Pool None

Roof Type Unknown

Lot Frontage 28.58

Lot Depth 72.5

Total Parking Spaces 4

Building

Foundation Unknown

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Listed by FREEMAN REAL ESTATE LTD.
agent

Danielle Pinnock

+1(519) 671-7653

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