2 MONTEITH STREET, Toronto (Church-Yonge Corridor)

$1,149,000

For sale: Townhouse

Townhouse at 2 MONTEITH STREET, Toronto (Church-Yonge Corridor)
Property type
Att/Row/Townhouse
Bedrooms / bathrooms
7 bedrooms, 3 bathrooms
Living area
2,000 sqft
MLS®
MLS® C14149688
Neighbourhood
Church-Yonge Corridor

A Rare Income-Generating Gem In The Heart of Downtown Toronto! Welcome To 2 Monteith Street, A Tastefully Renovated And Meticulously Maintained Three-Storey Victorian Residence Nestled In The Highly Sought-After Church-Wellesley Village! Offering Approximately 2,300 Sq. Ft. of Living Space. This Beautifully Appointed End Unit Property Seamlessly Blends Timeless Architectural Charm With Modern Comfort And Functionality. Featuring Spacious, Well-Designed Interiors, A Fully Finished Basement Apartment, And Two Gorgeous Outdoor Retreats Including A Stunning Rooftop Patio And A Charming Backyard Patio, Perfect For Relaxing or Entertaining. An Exceptional Turnkey Investment Opportunity! Currently Generating $6,450 In Gross Monthly Rental Income ($77,400 Annually), With Three Additional Vacant Bedrooms Offering Potential For Another $4,200 Per Month. At Full Projected Occupancy, Gross Rental Income Could Reach An Impressive $10,650 Monthly or $127,800 Annually, Subject To Applicable Rental Requirements.The Property Comes Furnished, Adding Convenience And Appeal For Investors And End Users Alike. Enjoy An Unbeatable Location Just Steps From Wellesley Subway Station, Yonge Street, Toronto Metropolitan University, Trendy Restaurants, Cafés, Boutique Shops, Parks And Downtown Amenities. Whether You're An Investor Seeking Strong Income Potential Or A Buyer Looking For A Distinctive Urban Residence With Flexible Living Options. This Remarkable Property Offers The Perfect Combination of Location, Lifestyle, Character And Investment Potential!

Sold data

Homes in Church Yonge Corridor — recent sold market

Homes in Church Yonge Corridor took a median of 28 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 51, across 151 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 55 days.

The median sale price was $598,000.

Homes sold for about 3.1% below asking on average, so there was room to negotiate.

About 15% of sales closed above the list price.

Around 15% of sellers reduced their price before finding a buyer.

Median days to sell
28
Median sale price
$598,000
Sale-to-list ratio
96.9%
Sold above asking
15%

Based on 151 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Toronto (Church-Yonge Corridor)

Toronto (Church-Yonge Corridor) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.

Rated schools
529
Elementary
425
Secondary
104
Average rating
6.2 / 10

Top-rated schools in Toronto (Church-Yonge Corridor)

  • Cottingham — elementary, TorontoFraser rating 10.0/10
  • High Park Alternative — elementary, TorontoFraser rating 10.0/10
  • Northmount — elementary, TorontoFraser rating 10.0/10
  • Sathya Sai — elementary, TorontoFraser rating 10.0/10
  • St Michael's Choir — secondary, TorontoFraser rating 10.0/10
  • St Sebastian — elementary, TorontoFraser rating 10.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 2 MONTEITH STREET