Blurred preview image for 507 Annette St, Toronto

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$X,XXX,XXX

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Terminated in High Park North | XX days on TopHouse

Duplex

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$X,XXX

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Description

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.

Details

Offer Date

X/X

Bedrooms

X

Bathrooms

X

Garage

Xx

Driveway

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Rooms

XX

Style

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Den

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Air Conditioning

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Exterior Construction

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Heating

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Fireplaces

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Swimming Pool

Xx

Water Source

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Family Room

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Sewer

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Estimate:calculating...

Listing Brokerage

ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Data is provided courtesy of Toronto Regional Real Estate Board

The information contained in this listing should be verified by the buyer

Behnam Amirghassemi, Sutton Group-Admiral Realty Inc. Brokerage