39
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$2,500,000
Est. payment /mo
New
137 Annette ST Toronto, ON M6P 1N9
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision Junction Area
MLS Listing ID W12485110
Annual Tax Amount $12,088
Tax Year 2024
Property Sub-Type Investment
Property 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 cafés, 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.
Location
Province ON
County Toronto
Community Junction Area
Area Toronto
Interior
Cooling No
Exterior
Community Features Major Highway, Public Transit
Utilities Available Yes
Lot Frontage 40.0
Lot Depth 115.0
Others
ParcelsYN No
Listed by MYSAK REALTY INC.