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Listed by Freeman Real Estate Ltd..
30/32 Wells Street is a Detached, 2-Storey and is currently for Sale @ $2,399,000. Taxes in 2024 were $11,172.81.
More homes for sale under 2.4M in Toronto
Check Out this Fantastic Opportunity. The 2-Storey on 30/32 Wells Street has 4 bedrooms, 5 bathrooms, and is located on a 72.50 x 28.58 ft lot in the community of Annex . 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.
Speak to listing agent about Vacant possession.
The address 30/32 Wells Street was listed for sale (MLS# C9398946) on Wednesday, October 16, 2024.
4+2
4+2
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28.58 x 72.50 ft lot
