$ 2,315,000 $ 2,399,000 3.5%

30/32 Wells ST

Toronto C02, ON M5R 1P2

  • 6 Beds
  • 5 Baths
  • - Year Built
Check Out this Fantastic Opportunity. 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.
Listed by FREEMAN REAL ESTATE LTD.

PROPERTY DETAIL

  • Key Details

    Sold Price $2,315,000

    Property Type Single Family Home

    Sub Type Detached

    Listing Status Sold

    Purchase Type For Sale

    Subdivision Annex

    MLS Listing ID C9398946

    Sold Date 03/03/25

    Style 2-Storey

    Bedrooms 6

    Annual Tax Amount $11,172

    Tax Year 2024

    Property Sub-Type Detached

  • Location

    Province ON

    County Toronto

    Community Annex

    Area Toronto

  • Rooms

    Family Room Yes

    Basement Apartment, Finished with Walk-Out

    Kitchen 3

    Separate Den/Office 2

  • Building

    Foundation Unknown

  • Interior

    Interior Features None

    Cooling Wall Unit(s)

  • Exterior

    Parking Features Private Double

    Garage Spaces 2.0

    Pool None

    Roof Type Unknown

    Lot Frontage 28.58

    Lot Depth 72.5

    Total Parking Spaces 4

  • Others

    ParcelsYN No

CONTACT

Daniel Freeman

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