420 Annette St

Toronto W02 | Junction Area | M6P 1R9
  • 4 + 1
  • 2
  • 0

Ask: $1,499,999 $1,750,000

Est. Mtg $5,933 /mo
  • Days on market

    94

  • Status

    Pc

Listing Broker RE/MAX WEST REALTY INC.
Since listed: 2 views

Home details

MLS #:

W9018236

Property type:
Duplex
Style:
2-Storey
Taxes:
$6,037
Possession:
TBD
Lot Front:
24.0   Feet
Lot Depth:
92.0   Feet
Basement:
Full | Sep Entrance
Driveway Pkg:
1
Heat:
Gas | Forced Air

Description


420 Annette St, , Toronto, Ontario is a Duplex property in Toronto W02 and in the Junction Area community in the M6P 1R9 postal code


Attention investors and savvy buyers! This exceptional corner duplex presents a strategic investment opportunity with 2 LEGAL units and the potential for a third unit in the basement. Located in the coveted Junction area, this property has undergone extensive renovations valued in the hundreds of thousands of dollars, all compliant with building codes and secured with proper permits. The newly renovated unit is vacant and ready to yield peak area rental rates. The upgrades include a brand-new kitchen with appliances, LED lighting throughout, modern HVAC systems, new plumbing, and upgraded individual electrical panels.A unique feature of this property is the rare garage with 2 parking spots plus 1 driveway space. Additionally, the property boasts a very large walk-out deck, perfect for outdoor relaxation and entertaining. Enjoy the convenience of being just minutes from downtown, parks, schools, restaurants, and shops, with TTC at your doorstep. Whether you choose to rent the entire building or live in one unit while renting out the other two, this property promises substantial rental income and future capital appreciation. Moreover, the property requires minimal exterior maintenance as it encompasses almost the entire lot.Don't miss out on this outstanding investment opportunity in a sought-after location..

Extras

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History

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List Date End Date List Price End Price Status MLS #
2024-07 2024-07 $1,499,999 $1,750,000 Pc W9018236

Comparables

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sold Date Address List Price sold Price DOM
2022-06 156 Maria St, $1,199,800 $1,100,000 22

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Toronto W02 :

Average sale price

$998,963

Properties sold

41

New Listings

97

Days on Market

13

Sale $ / List $

109%

Year on Year Growth

-3.78%



Estimated running costs for 420 Annette St

Based on available 3rd party data

$6572

Approximate costs per month

Mortgage
$5933 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$503 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker RE/MAX WEST REALTY INC.
Data Source: TRREB

Payment calculator

$6437 monthly. In association with: TD Bank
%
  • Principal and Interest
    5933 /mo
  • Property Taxes
    $503 /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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