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420 Annette Street in Toronto for sale

Asking price
$1,750,000
Estimate (Jul 08)
$1,528,715
MLS #:
W9018236
Type:
Duplex, 2-Storey
Basement:
Full, Sep Entrance
4+1 4+1
2 24.00 x 92.00 ft lot

Listed by Re/Max West Realty Inc..

420 Annette Street is a Duplex, 2-Storey and is currently for Sale @ $1,750,000. Taxes in 2023 were $6,037.04.

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Attention investors and savvy buyers! This exceptional corner duplex presents a strategic investment opportunity with 2 LEGAL units and the potential for a third unit in the basement. The 2-Storey on 420 Annette Street has 4 bedrooms, 2 bathrooms, and is located on a 92.00 x 24.00 ft lot in the community of Junction Area . Located in the coveted Junction area, this property has undergone extensive renovations valued in the hundreds of thousands of dollars, all compliant with building codes and secured with proper permits. The newly renovated unit is vacant and ready to yield peak area rental rates. The upgrades include a brand-new kitchen with appliances, LED lighting throughout, modern HVAC systems, new plumbing, and upgraded individual electrical panels.A unique feature of this property is the rare garage with 2 parking spots plus 1 driveway space. Additionally, the property boasts a very large walk-out deck, perfect for outdoor relaxation and entertaining. Enjoy the convenience of being just minutes from downtown, parks, schools, restaurants, and shops, with TTC at your doorstep. Whether you choose to rent the entire building or live in one unit while renting out the other two, this property promises substantial rental income and future capital appreciation. Moreover, the property requires minimal exterior maintenance as it encompasses almost the entire lot.Don't miss out on this outstanding investment opportunity in a sought-after location.

The address 420 Annette Street was listed for sale (MLS# W9018236) on Monday, July 08, 2024.

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  • Date Listed: Monday, July 08, 2024
  • Listing Brokerage: Re/Max West Realty Inc. - Disclaimer: The information contained in this listing has not been verified by Re/Max West Realty Inc. and should be verified by the buyer.
  • Virtual Tour: View Virtual Tour for 420 Annette Street
  • City: Toronto

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  • Neighborhood: Junction Area
  • Major Intersection: Annette & Fairview
  • Full Address: 420 Annette Street, Toronto, M6P 1R9, ON, Canada
  • Amenities:
  • Taxes: $6,037.04 (2023)

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