Toronto W02, ON M6P 1S1,507 Annette ST
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Toronto W02, ON M6P 1S1,507 Annette ST
Toronto W02, ON M6P 1S1,507 Annette ST
Toronto W02, ON M6P 1S1,507 Annette ST
Toronto W02, ON M6P 1S1,507 Annette ST

$1,585,000

Est. payment /mo

$1,499,000

5.7%
Est.Price: ?

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507 Annette ST Toronto W02, ON M6P 1S1

8 Beds

4 Baths

SOLD DATE : 01/04/2024

Key Details

Sold Price $1,585,000

Property Type Single Family Home

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision High Park North

MLS Listing ID W7315196

Sold Date 01/04/24

Style 2 1/2 Storey

Bedrooms 8

Annual Tax Amount $5,440

Tax Year 2022

Property Sub-Type Detached

Property Description

Welcome to High Park North! This home, currently configured into 3 spacious units with separate entrances, offers 9 bedrooms and 4 baths. Take advantage of substantial income with a 7.5% cap rate, making it a savvy investment. Unique opportunity in the market to Live for free by renting the other two units! Ask for Financials. Difficult to find another home like it. Explore the option to remove drywall, converting it back into a single-family Home. The basement unit, renovated in 2021, maximizes rental income with 2 Br. The main floor unit features 2 Br, a fireplace, and a W/O to a deck, hot tub, and backyard studio/gym. The upper floors boast 4 bedrooms and a den—ideal for larger families seeking both space and passive income. AAA tenants. Enjoy easy transit access with bike lanes, buses, and a quick walk to the subway, making city living a breeze. This property combines historic charm with versatility, offering endless possibilities for both investors and homeowners alike.

Location

Province ON

County Toronto

Community High Park North

Area Toronto

Rooms

Family Room Yes

Basement Apartment, Separate Entrance

Kitchen 3

Interior

Cooling Central Air

Exterior

Parking Features Private

Pool None

Lot Frontage 25.0

Lot Depth 100.15

Total Parking Spaces 1

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Listed by ROYAL LEPAGE SIGNATURE REALTY
agent

Jason DeLuca

Broker

+1(416) 884-9903

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