507 Annette Street, Toronto
Home for Sale

$1,699,000
List Price
N/A
Square Feet
8 bed
4 bath

MLS#: W6712428

About this Listing

Welcome to high-demand High Park North/The Junction! This renovated detached century home currently boasts 3 spacious units with separate entrances, totaling 8 bedrooms, 4 baths and many possibilities: Currently owner live-in with substantial income covering the mortgage, 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.

Past 1-2 yrs: 100% electrical overhaul, new roof, gutters, flashing, siding, large new deck, insulated backyard studio/gym, heat pumps/A/C, duct work, boiler and on-demand hws. Private entrances for all 3 units.

Broker: Royal Lepage Real Estate Services Ltd

Listing Details

$5,441
Taxes

25x100.15
Lot Size

Apartment, Sep Entrance
Basement

Rooms

NameAttributesDimensions (LxW)
BrPocket Doors, Hardwood Floor, Large Window3.77 x 3.8
2nd BrLaminate, Sliding Doors, W/O To Deck2.57 x 2.59
KitchenHardwood Floor, O/Looks Backyard2.84 x 3.49
LivingHardwood Floor, Combined W/Dining3.18 x 5.19
BrPicture Window, Hardwood Floor2.8 x 3.84
2nd BrBroadloom, Casement Windows3.69 x 3.08
LivingCombined W/Dining, Hardwood Floor, Picture Window3.09 x 5.34
3rd BrBroadloom, Large Window, Ceiling Fan4.87 x 3.85
4th BrSliding Doors, W/O To Terrace, Broadloom4.87 x 3.48
BrLaminate, Closet, Window2.37 x 2.97
2nd BrWindow, Laminate1.85 x 2.97
LivingLaminate, Combined W/Dining, Pot Lights3.01 x 6.8

Book a showing with us!

Natasha
Travis
Nicholas
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