Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

137 Annette Street, Toronto W02, ON M6P 1N9 (Medland St / Annette St)
$ 2500000 - MLS : W12486184

From Our Gallery

Description

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, 2 One-Bedroom, and 4 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. Potential Opportunity to add another unit on the lower level. Minutes to Bloor West Village, The Stockyards, top-rated schools, and frequent TTC service.

Location Description

Medland St / Annette St

Property Detail

Community: Junction Area
Property Type: Tenant/Residential Freehold
Bedrooms: 9
Bath: 7
Garages: None
Annual Property Taxes : $ 12088

Lot dimensions: sqft
Baths:

Facts and Features

Foundation Type: Concrete Block
Counstruction Material : Brick
Total Parking Space : 7
Parking Type : None

Amenities

Heating : BaseboardElectric
Sewer : Sewer ,

Listing Contracted With: MYSAK REALTY INC.

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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