Description

Prime Investment Opportunity in Heart of Toronto- steps from U of T, Hospitals and Major Transit. This versatile property offers an exceptional income opportunity-up to $150K annually - in a high-demand area popular with tenants such as researchers, medical professionals, students and working professionals. Just minutes from the University of Toronto, major hospitals and key transit hubs, this property is ideal for investors and owner-occupiers alike. Unmatched location & high tenant demand. Located on a quiet street, just a 2-minute walk from Chinatowns vibrant restaurants, grocery stores, and shops. A quick 7-minute walk to St. Patrick Station, with the soon-to-arrive Ontario Line further boosting connectivity and property value. Flexible layout for multi-use potential. Perfect for either full rental income or a flexible live-in and rent-out arrangement, making it suitable for families, students or professional house-shares. Features and Recent upgrades include an expansive deck offering an urban oasis with breathtaking views of the CN Tower and city skyline, ideal for entertaining or personal relaxation. A spacious garage provides generous storage space, while two additional parking spots behind the garage offer convenient off-street parking for residents and tenants. Recent upgrades including a new roof (2018), tankless water heater and consistently serviced furnace & AC. A thoughtful 2017 renovation balances modern living with a welcoming ambiance, ready for immediate rental. Exciting potential for the garage to be converted into a laneway suite, adding a valuable rental unit or private guest space. This property offers both immediate rental income & excellent long-term growth potential in a prime location, with easy access to amenities, transit and Toronto's most sought-after institutions.

Property Details

• Community: Kensington-Chinatown
• City: Toronto
• Property Type: Residential
• Style: Att/Row/Twnhouse(2 1/2 Storey)
• Bedrooms: 6+ 1
• Bath: 5
• Garages: Detached (2.0 Space)

Highlight

Features

• Exterior: Brick
• Heating: Forced Air , Gas
• Sewer/Water Systems: Sewers , Municipal

Listing Contracted With: NEW ERA REAL ESTATE