420 Annette Street, Toronto
- Bedrooms: 5
- Bathrooms: 2
- MLS®: w9018236
- Type: Duplex
- Added: 61 days ago
- Updated: 25 days ago
- Last Checked: 4 days ago
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. (id:1945)
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Property Details
- Cooling: Central air conditioning
- Heating: Forced air, Natural gas
- Stories: 2
- Structure Type: Duplex
- Exterior Features: Brick
- Foundation Details: Concrete
Interior Features
- Basement: Full, Separate entrance
- Appliances: Garage door opener remote(s)
- Bedrooms Total: 5
- Fireplaces Total: 3
Exterior & Lot Features
- Water Source: Municipal water
- Parking Total: 3
- Parking Features: Attached Garage
- Building Features: Separate Electricity Meters, Separate Heating Controls
- Lot Size Dimensions: 24 x 92 FT
Location & Community
- Directions: Annette & Fairview
Utilities & Systems
- Sewer: Sanitary sewer
Tax & Legal Information
- Tax Annual Amount: 6037.04
- Zoning Description: Duplex
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