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RE/MAX Generation

generationremax@gmail.com +1(250) 858-5465

$1,750,000

Est. payment - /mo

11 Beds

5 Baths

3,000 SqFt

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Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3000 - 3500

Square Footage 3,000 sqft

Price per Sqft $583

Subdivision Annex

MLS® Listing ID C13460808

Bedrooms 11

Half Baths 1

Property Sub-Type Freehold

Property Description

Classic Double-Brick Semi In The Heart Of The Annex, Steps From U Of T, Configured As A Duplex With Two Self-Contained Units Across Four Floors And An Impressive 3,400 Sq Ft Above Grade. The Upper Suite (2nd And 3rd Floor) Is Currently Tenanted - Income In Place From Day One. It Lives Like A Townhouse: Exposed Brick Living Room, Renovated Kitchen With Stainless Appliances And Classic Black-And-White Tile, In-Suite Laundry, And A Third-Floor Loft With Angled Ceilings And Hardwood Throughout That Draws Excellent Tenants And Keeps Them. The Main And Basement Unit Is Delivered Vacant...And That Vacancy Is Part Of The Value. Move In And Let The Upper Unit Carry Your Costs. Renovate And Re-Tenant At Current Market Rents. Separate The Main Floor And Basement Into Two Independent Units. The Options Are Real And The Address Makes Every One Of Them Work. The Suite Features 9-Ft Ceilings, Original Hardwood, A Decorative Fireplace, A Sun-Filled Enclosed Front Porch, Finished Basement With Full Bath And In-Suite Laundry. Pre-Listing Inspection Rated Above Typical For Its Class: Double-Brick Masonry, 200-Amp Copper-Grounded Electrical, Professionally Damp-Proofed Foundation, 10-Yr-Old Hot Water Boiler With ~10 Yrs Remaining. Roofs In Good Repair Throughout. Private Front Parking, A Premium At This Address! The Annex Is One Of Toronto's Most Enduringly Desirable Neighbourhoods: Tree-Lined, Walkable, Intellectually Alive, And Stubbornly Resistant To Going Out Of Style. Less Than A 3-Minute Walk To Bathurst Station. Steps To U Of T, The ROM, Philosophers' Walk, Bloor Street's Independent Boutiques, Bookshops And Restaurants, Koreatown, And Kensington Market. Within The MTSA Zone. Vacancy Rates Here Are Among The Lowest In The City For Good Reason, People Who Live In The Annex Don't Leave Willingly. One Unit Earning. One Unit Waiting For Your Vision. (id:24570)

Location

Province ON

Rooms

Kitchen 2.0

Extra Room 1 Second level 3.12 m X 3.89 m Bedroom

Extra Room 2 Second level 3.35 m X 4.32 m Kitchen

Extra Room 3 Second level 4.57 m X 5.28 m Living room

Extra Room 4 Second level 3.07 m X 3.35 m Bedroom

Extra Room 5 Second level 4.34 m X 3.96 m Bedroom

Extra Room 6 Third level 4.57 m X 5.28 m Bedroom

Interior

Heating Radiant heat

Cooling None

Flooring Hardwood

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 1

Garage No

Private Pool No

Building

Story 2.5

Sewer Sanitary sewer

Others

Ownership Freehold

Virtual Tour https://www.houssmax.ca/vtour/c0713793

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Listed by RE/MAX WEST REALTY INC.

+1(250) 882-3335

alex@victoriahomes.com

50 ALBANY AVENUE Toronto (annex), ON M5R3C3