Sold

30/32 Wells St, Toronto, Ontario M5R 1P2

$2,399,000 $2,315,000

30/32 Wells St, Toronto, Ontario M5R 1P2 is Sold and has a listing price of 2,399,000. The property is located in the The Annex neighbourhood . It's been on the website for 235 Days.

  • Detached
    Property Type
  • Detached
    Building Style
  • 4
    Bedrooms
  • 5
    Bathrooms
  • 4
    Parking Spaces
  • MLS ID: 27547666
  • Office Name FREEMAN REAL ESTATE LTD.
Property Description

Check Out this Fantastic Opportunity. Well-suited for any lifestyle, this detached corner investment home, facing beautiful greenspace, is ready to welcome you. Located in the heart of the Annex, its just a short walk to three subway stations, Bloor St., Dupont St., bike lanes, & short walking distance to the University of Toronto and George Brown campuses. There’s also direct transit access to York University. This smartly configured property offers 3 self-contained, spacious suites, loads of parking options with private double driveway and attached garage. The owner-sized, 2-level unit boasts over 2,000 square feet, featuring views of the park, with 2-3 bedrooms, 3 bathrooms, and a 200-square-foot private terrace. The second-level 2-bedroom unit has a large open living space with views of tree-lined Brunswick Ave, while the lower-level 2-bedroom unit features high ceilings, loads of space and a full-sized kitchen. With Home Inspection completed, this Turnkey-ready, Cash Generating property with numerous upgrades, including fire code updates such as self-closing doors, and sprinkler system, is ready to go. Whether you’re looking for a solid investment or a live-and-rent option, this property offers revenue generating flexibility. With a projected gross revenue of $128K per year, you can capitalize on falling interest rates and/or live in one unit while using rental income to pay down your mortgage faster. This is a rare opportunity to own a versatile property in one of Toronto’s most desirable and central downtown neighborhoods. Offers anytime, don’t delay.

Property Details
  • Bedrooms: 4
  • MLS ID: 27547666
  • Bathrooms: 5
  • Price: $2,399,000
  • Lot Depth: 72.5
  • Lot Front: 28.58
  • Transaction Types: Sold
  • Ref ID: 27547666
  • Year Built: N/A
  • Bonus Room: 2
  • Dir / Cross St: Spadina & Bloor
  • Status: U
  • Tax Year: 2024
  • Rooms: 5
  • Municipality District: Toronto C02
  • Building Type: Residential
  • Building Style: Detached
  • Property Type: Detached
  • Property Type: All Houses
  • Property Sub Category: Detached
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Floor Plans
Living room - Second 4.01 m x 4.95 m
Bedroom - Second 3.51 m x 3.99 m
Office - Second 3.51 m x 2.39 m
Primary Bedroom - Second 4.01 m x 4.5 m
Sunroom - Second 2.51 m x 2.24 m
Bedroom - Second 3.51 m x 2.64 m
Kitchen - Second 2.18 m x 2.82 m
Living room - Main 3.4 m x 6.5 m
Dining room - Main 5.26 m x 2.24 m
Kitchen - Main 3.51 m x 3.35 m
Family room - Main 3.51 m x 6.81 m
Bedroom - Main 3.4 m x 4.32 m
Neighborhood Stats
The Annex
  • $2,237,234 Average List Price
    based on 1 year
  • 0 New Listings
    based on 30 days
  • 28 Median Days on Market
    based on 1 year
  • List vs. Selling Price 2.81 % Up
  • Sold (12mo) 84
  • Rented (12mo) 280

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
  • 93 Walk Score
    Walker's Paradise
  • 95 Transit Score
    Rider's Paradise
  • 94 Bike Score
    Biker's Paradise
Property Type Distribution
  • All Houses
    42.8%
  • Commercial
    5.84%
  • Condo
    51.36%
Additional Details
Extras

Speak to listing agent about Vacant possession.

  • Heat Type Water
  • Sewers Sewers
  • Heat Source Gas
  • Style 2-storey
  • Washroom Type1: 1
  • Basement2 Fin W/o
  • Garage Type Attached
  • Parking Spaces: 2
  • Water Municipal
  • Exterior Brick
  • Cooling System Wall Unit
  • Total Parking Spaces: 4
  • Property Features3 School
  • Property Features Park
  • Property Features2 Public Transit
  • Garage: 2
  • Basement Apartment
  • Kitchen 2
  • Fireplace True
  • Family Room: Y
  • Area Code: 01
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 2
  • Washrooms Type 3 # Pcs: 4
  • Washrooms Type 4 # Pcs: 4
  • Washrooms Type 5 # Pcs: 4
  • Washrooms Type 2: 1
  • Washrooms Type 3: 1
  • Washrooms Type 4: 1
  • Washrooms Type 5: 1
  • Taxes: $11,173
  • Sold Date: 01/12/2024
  • Last Status Sld
  • Original Price: $2,399,000
  • Sold Price: $2,315,000
  • Addl Monthly Fees: $0
  • Days On Market2: 46
  • Type: .d.
  • Exterior Other
  • % Listing Price: 96
  • Possession Remarks: 90 days
  • Listing Entry Date: 16/10/2024 17:21:52
  • First Open House Date:
  • Possession Date:
  • Agent Name: DANIEL TODD FREEMAN,NANCY FREEMAN
  • Closed Date: 03/03/2025
  • Last Updated: 10/12/2024 11:11:26
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