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34 River Street Toronto, Ontario M5A 3N9

6 Bedroom 5 Bathroom 2000 - 2500 sqft
Central Air Conditioning Forced Air

$2,699,900

Exceptional investment and income-generating opportunity in the heart of Corktown. Ideally situated with just a five-minute walk to both Queen Street East and King Street East. This property offers outstanding access to public transit, downtown Toronto, and a vibrant mix of restaurants, shops, and amenities. Meticulously maintained over the years by the live-in owner, this legal duplex showcases pride of ownership throughout. The home features two spacious 1.5-storey units, each offering a 1+1 bedroom layout. The main floor unit boasts generous principal rooms with high ceilings, large windows, and an abundance of natural light. The second/third-floor unit mirrors this thoughtful layout and design, and is currently tenanted, providing immediate rental income. Originally built in 1890, this charming Victorian residence blends timeless character with tasteful updates and modern renovations. The open-concept living spaces, impressive ceiling heights, and expansive windows create bright and inviting interiors that appeal to both tenants and end users alike. The lower level includes a fully finished two-bedroom apartment or in-law suite with a separate entrance, further enhancing income potential and flexibility. Estimated gross annual income ranges between $100,000 and $110,000, making this a compelling addition to any investment portfolio. Property features three designated parking spaces - a rare and valuable asset in this central location. Exterior features include a large ground-level deck for the main unit, and a spacious rooftop deck exclusively for the upper unit, both offering exceptional outdoor living space. This is a rare opportunity to acquire a well-maintained, income-producing property in one of Toronto's most desirable and historically rich neighbourhoods. (id:61852)

Property Details

MLS® Number C12791164
Property Type Multi-family
Community Name Regent Park
EquipmentType Water Heater
ParkingSpaceTotal 3
RentalEquipmentType Water Heater

Building

BathroomTotal 5
BedroomsAboveGround 4
BedroomsBelowGround 2
BedroomsTotal 6
BasementFeatures Apartment In Basement, Separate Entrance
BasementType N/a, N/a
CoolingType Central Air Conditioning
ExteriorFinish Brick
FlooringType Laminate, Hardwood, Carpeted
FoundationType Concrete
HalfBathTotal 1
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 3
SizeInterior 2000 - 2500 Sqft
Type Duplex
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 164 Ft ,4 In
SizeFrontage 22 Ft ,7 In
SizeIrregular 22.6 X 164.4 Ft
SizeTotalText 22.6 X 164.4 Ft

Rooms

Level Type Dimensions
Lower Level Bedroom 3.51 m x 2.72 m
Lower Level Bedroom 4.72 m x 2.84 m
Lower Level Kitchen 3.78 m x 3.45 m
Lower Level Living Room 4.85 m x 2.64 m
Main Level Living Room 7.95 m x 3.49 m
Main Level Kitchen 5.31 m x 5.16 m
Main Level Bedroom 4.75 m x 3.68 m
Main Level Primary Bedroom 4.78 m x 3.25 m
Upper Level Living Room 9.27 m x 5.31 m
Upper Level Kitchen 2.68 m x 2.67 m
Upper Level Bedroom 5.05 m x 3.38 m
Upper Level Bedroom 5 m x 4.67 m

https://www.realtor.ca/real-estate/29363982/34-river-street-toronto-regent-park-regent-park

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David Ian Greenham
Salesperson


RE/MAX Hallmark Realty Ltd.
630 Danforth Ave
Toronto, Ontario M4K 1R3

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