420 Annette Street Toronto (Junction Area), Ontario M6P 1R9
$1,750,000
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. 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. (id:35492)
Property Details
| MLS® Number | W9018236 |
| Property Type | Single Family |
| Community Name | Junction Area |
| Parking Space Total | 3 |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 4 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 5 |
| Amenities | Separate Electricity Meters, Separate Heating Controls |
| Appliances | Garage Door Opener Remote(s) |
| Basement Features | Separate Entrance |
| Basement Type | Full |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Fireplace Present | Yes |
| Fireplace Total | 3 |
| Foundation Type | Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Type | Duplex |
| Utility Water | Municipal Water |
Parking
| Attached Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 92 Ft |
| Size Frontage | 24 Ft |
| Size Irregular | 24 X 92 Ft |
| Size Total Text | 24 X 92 Ft |
| Zoning Description | Duplex |
https://www.realtor.ca/real-estate/27142877/420-annette-street-toronto-junction-area-junction-area
Interested?
Contact us for more information
Tom Kioussis
Salesperson
1678 Bloor St., West
Toronto, Ontario M6P 1A9
(416) 769-1616
(416) 769-1524
www.remaxwest.com
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Toronto Real Estate Board
RE/MAX West Realty Inc.
September 04 2024 02:57:49
