30/32 Wells St

Toronto C02 | Annex | M5R 1P2
  • 4 + 2
  • 5
  • 0

$2,399,000

Est. Mtg $8,134 /mo
  • Days on market

    40

  • Status

    New

Listing Broker FREEMAN REAL ESTATE LTD.
Since listed: 1 views

Home details

MLS #:

C9398946

Property type:
Detached
Style:
2-Storey
Taxes:
$11,173
Possession:
90 days
Lot Front:
28.58   Feet
Lot Depth:
72.5   Feet
Basement:
Apartment | Fin W/O
Driveway Pkg:
2
Heat:
Gas | Water

Description


30/32 Wells St, , Toronto, Ontario is a Detached property in Toronto C02 and in the Annex community in the M5R 1P2 postal code


**OPEN HOUSE THIS WEEKEND SUNDAY NOV 24th 2-4pm**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..

Extras

Speak to listing agent about Vacant possession..


History

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List Date End Date List Price End Price Status MLS #
2024-10 2024-11 $2,399,000 $2,399,000 New C9398946

Comparables

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sold Date Address List Price sold Price DOM
2024-06 216 Albany Ave, $2,499,000 $2,450,000 6
2023-11 752 Markham St, $2,395,000 $2,315,000 18
2022-06 786 Euclid Ave, $1,799,900 $1,700,000 0
2021-04 201 Christie St, $1,390,000 $1,275,000 30
2020-10 16 Elgin Ave, $3,750,000 $4,125,000 4
2019-10 141 Christie St, $1,699,000 $1,690,000 41
2019-10 216 Albany Ave, $1,499,000 $1,910,000 1
2019-09 674 Huron St, $1,795,000 $1,995,000 9
2018-11 178 Howland Ave, $1,299,000 $1,580,000 7

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity Detached

Sale activity

Toronto C02 :

Properties sold

13

Average sale price

$4,064,540

New Listings

25

Year on Year Growth

-1.25%

Municipality activity All Property Types

Sale activity

Toronto C02 :

Average sale price

$1,824,234

Properties sold

96

New Listings

206

Days on Market

14

Sale $ / List $

99%

Year on Year Growth

-0.49%


Sale Chart - Detached

Toronto C02 Average Price (2 Years):

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Sale Chart - Detached

TRREB Total Average Price (2 Years):

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Estimated running costs for 30/32 Wells St

Based on available 3rd party data

$9200

Approximate costs per month

Mortgage
$8134 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$931 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Park
  • Public Transit
  • School
Listing Broker FREEMAN REAL ESTATE LTD.
Data Source: TRREB

Payment calculator

$9065 monthly. In association with: TD Bank
%
  • Principal and Interest
    8134 /mo
  • Property Taxes
    $931 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Gerry Crokidas, Realtor

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