137 Annette Street Toronto, Ontario M6P 1N9

$2,500,000

Phenomenal 7-unit income property in Toronto's highly sought-after Junction neighborhood! First time on the market in over 30 years, this character-filled building offers a mix of 1 Bachelor, 3 One-Bedroom, and 3 Two-Bedroom units. Exceptional AAA location within walking distance to High Park, the Bloor Subway Line, and the Junction's vibrant mix of cafes, restaurants, and boutique shops. Situated on a large 40' x 115' corner lot with excellent street presence and parking for up to 7 cars. Three units feature walkouts to spacious decks, and tenants pay their own hydro (except the Bachelor unit). On-site laundry generates additional income. Approximately 4,265 sq. ft. of living space spread over three levels. Exceptional tenant profile with strong income and 42% upside potential on rents upon turnover. Opportunity to add another unit on the lower level (buyer to verify). Minutes to Bloor West Village, The Stockyards, top-rated schools, and frequent TTC service. A rare multi-residential investment with solid cash flow, long-term growth potential, and unbeatable location on a beautiful, tree-lined street in one of Toronto's most desirable communities. (id:60365)

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https://www.realtor.ca/real-estate/29040902/137-annette-street-toronto-junction-area-junction-area