507 Annette St Toronto, Ontario M6P 1S1
$1,549,000
Welcome to high-demand High Park North/The Junction! This updated detached century home currently boasts 3 spacious units with separate entrances, totaling 8 bedrooms, 4 baths and many possibilities: Substantial income with a cap rate of 7.5%. Easy option to remove drywall exposing the banister between units to convert back to a single-family home. Or, put walls back up on 2nd floor and use existing third floor plumbing to convert (back) to a fourplex for maximum investment. The basement unit was gutted in 2021 and features 2 Br, yielding maximum rental income. The main floor unit boasts 2 br, fireplace and walks-out to a large deck, hot tub and backyard studio/gym. The upper floors offer an incredible 4 bedrooms and den, making it perfect for larger families wanting to live in the best neighbourhood while passively earning income. Transit options include bike lanes, buses and a quick walk to the subway, giving easy access to the city.**** EXTRAS **** Past 1-2 yrs: 100% electrical overhaul, new roof, gutters, flashing, siding, large new deck, insulated backyard studio/gym, heat pumps/A/C, duct work, boiler and on-demand hws. Private entrances for all 3 units. (id:26892)
Property Details
| MLS® Number | W7029164 |
| Property Type | Single Family |
| Community Name | High Park North |
| Amenities Near By | Place Of Worship, Public Transit, Schools |
| Community Features | Community Centre |
| Parking Space Total | 1 |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 8 |
| Bedrooms Total | 8 |
| Basement Features | Apartment In Basement, Separate Entrance |
| Basement Type | N/a |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Fireplace Present | Yes |
| Heating Fuel | Natural Gas |
| Heating Type | Radiant Heat |
| Stories Total | 3 |
| Type | Duplex |
Land
| Acreage | No |
| Land Amenities | Place Of Worship, Public Transit, Schools |
| Size Irregular | 25 X 100.15 Ft |
| Size Total Text | 25 X 100.15 Ft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 2.8 m | 3.84 m | 2.8 m x 3.84 m |
| Second Level | Bedroom 2 | 3.69 m | 3.08 m | 3.69 m x 3.08 m |
| Second Level | Living Room | 3.09 m | 5.34 m | 3.09 m x 5.34 m |
| Third Level | Bedroom 3 | 4.87 m | 3.85 m | 4.87 m x 3.85 m |
| Third Level | Bedroom 4 | 4.87 m | 3.48 m | 4.87 m x 3.48 m |
| Lower Level | Bedroom | 2.37 m | 2.97 m | 2.37 m x 2.97 m |
| Lower Level | Bedroom 2 | 1.85 m | 2.97 m | 1.85 m x 2.97 m |
| Lower Level | Living Room | 3.01 m | 6.8 m | 3.01 m x 6.8 m |
| Main Level | Bedroom | 3.77 m | 3.8 m | 3.77 m x 3.8 m |
| Main Level | Bedroom 2 | 2.57 m | 2.59 m | 2.57 m x 2.59 m |
| Main Level | Kitchen | 2.84 m | 3.49 m | 2.84 m x 3.49 m |
| Main Level | Living Room | 3.18 m | 5.19 m | 3.18 m x 5.19 m |
Utilities
| Sewer | Installed |
| Natural Gas | Installed |
| Electricity | Installed |
| Cable | Installed |
https://www.realtor.ca/real-estate/26098155/507-annette-st-toronto-high-park-north
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October 30 2023 04:28:46
Toronto Real Estate Board
Royal LePage Real Estate Services Ltd.