2 Monteith St
Church-Yonge Corridor, Downtown Toronto, M4Y 1K7
FOR SALE
$1,759,000
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6 + 1
BEDROOMS3
BATHROOMS2
KITCHENS8 + 3
ROOMSC11950762
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Property Description
Rare Income Property in the Heart of Church & Wellesley! This stunning 3-story brick home is full of character and offers 2,300 sq. ft. of versatile living space. A perfect opportunity for investors seeking strong returns or first-time buyers looking to offset carrying costs with rental income. Currently at 56% occupancy, generating $6,200/month, with full occupancy potential of $11,000/month. The home features 6 spacious bedrooms plus a large basement bedroom that can be reconfigured into two. Enjoy 3 fully renovated bathrooms, a walkout to a private backyard from the main floor, and a beautiful second-floor terrace, perfect for BBQs and entertaining. Recent upgrades include new plumbing, electrical, and a tankless water heater, ensuring efficiency and peace of mind. Situated steps from transit and fronting onto a scenic park, this unbeatable location is just moments from cafs, restaurants, grocery stores,and TMU University. Dont miss out on this rare investment opportunity in one of downtown Toronto's most sought-after neighborhoods!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2023-09-21 | 2023-10-12 | 21 | $7,000 | - | Terminated |
2023-07-10 | 2023-08-30 | 51 | $6,500 | - | Terminated |
2023-05-24 | 2023-07-10 | 47 | $6,950 | - | Terminated |
2022-01-06 | 2022-01-12 | 6 | $1,450,000 | $1,410,000 | Sold |
2022-01-06 | 2022-01-12 | 6 | $1,450,000 | $1,410,000 | Sold |
Extras
All equipment is owned at the property. Seller willing to include all furniture for an agreed price.
Nearby Intersections
Property Features
Fenced Yard, Hospital, Park, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Att/Row/Townhouse, 3-Storey
Lot Size
15' x 56'
Fronting
North
Taxes
$6,116 (2025)
Basement
Apartment, Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
Available
Garage Type
None
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Listing contracted with Royal Lepage Signature Realty
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