420 Annette Street For Sale

Toronto, Junction Area, M6P 1R9

$1,750,000

Description

Listed by RE/MAX WEST REALTY INC..

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.

Location

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  • Address: 420 Annette Street
  • Neighborhood: Junction Area
  • City: Toronto
  • State: Ontario
  • Postal Code: M6P 1R9

Property Video

Property Details

  • Property ID: W9018236
  • Property Price: $1,750,000
  • Style: Duplex, 2-Storey
  • Rooms: 10+1
  • Bedrooms: 4+1
  • Bath: 2
  • Garages Spaces: 2
  • Garage: Attached
  • Parking Spaces: 3
  • A/C: Central Air
  • Basement: Full, Sep Entrance
  • Den: Y
  • Exterior: Brick
  • Heating: Forced Air
  • Fireplace: Y
  • Taxes: $6,037.04 (2023)
  • Lot: 92.00x24.00 (Feet)

Recently Sold

    • Sold 13 days ago

    185 Westminster Avenue

    Toronto, High Park-Swansea, M6R 1N9

    $1,999,999

    $000000

  • Contact Manoj Kukreja

    Sales Representative, Re/max Premier Inc., Brokerage
    (647) 576 - 2100