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3 + 1
BEDROOMS 3
BATHROOMS 2 + 1
KITCHENS 8 + 3
ROOMS C14033736
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Property Description
Prudent Investment Vehicle, or Live in the Heart of the Annex and Cover your Mortgage Payments. An outstanding opportunity on a friendly Annex street, with Palmerston Elementary, Essex, and Harbord Collegiate catchment. Short walk to UofT and George Brown Campuses. This well-maintained three-storey semi-detached home offers three self-contained residential suites, established rental income and exceptional flexibility in one of Toronto's most sought-after neighbourhoods. An appealing option for investors, end-users seeking income to help offset ownership costs, or those considering a future multi-generational or single-family home. The upper two floors feature a three-bedroom suite ($2,780/month), the main floor a one-bedroom suite ($1,845/month), and the basement a bachelor suite ($938/month). Total current rental income of $5,563/month. All three tenancies are month-to-month. A compelling opportunity to secure a versatile income property in an established, highly walkable downtown neighbourhood, with long-term potential to make it your own. Each unit has its own laundry facilities. UPGRADES BY SELLER: Significant improvements over the years include basement underpinning and floor lowering, roof replacements, updated 1st-floor windows, furnace, and replacement of the main drain from the street. Additional upgrades include a sump pump, backwater valve, and basement flooring (2021), along with a renovated main-floor kitchen and updated appliances throughout the 3 suites. A well-maintained property with substantial investment in key structural and mechanical components.
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Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2006-02-27 | 2006-03-09 | 10 | $575,000 | $557,500 |
| 2004-03-15 | 2004-06-07 | 84 | $539,000 | $514,000 |
Nearby Intersections
Property Features
Library, Park, Place Of Worship, Public Transit, School, None, Street Only, Carbon Monoxide Detectors
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Property Details
Address
267 Albany Avenue
Community
City
Postal Code
M5R 3C7
Property Type
Semi-Detached , Semi-Detached
Lot Size
17' x 100'
Taxes
$8,180 (2026
Basement
Apartment
Exterior
Deck, Porch
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Garage Type
None
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Listing contracted with Freeman Real Estate Ltd.
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