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Property Description
** OPEN HOUSE SUNDAY 27th**. 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.
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Extras
Speak to listing agent about Vacant possession.
Nearby Intersections
Bloor & Bathurst (44)
Property Features
Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
29' x 72'
Fronting
North
Taxes
$11,173 (2024)
Basement
Apartment, Fin W/O
Exterior
Brick, Other
Heat Type
Water
Heat Source
Gas
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 21.33' x 11.15' | Hardwood Floor, Fireplace, B/I Shelves |
| Dining | Main | 7.35' x 17.26' | Hardwood Floor, O/Looks Park, B/I Shelves |
| Kitchen | Main | 10.99' x 11.52' | Centre Island, Pot Lights, Stainless Steel Appl |
| Family | Main | 22.34' x 11.52' | W/O To Deck, Double Closet, B/I Bookcase |
| Br | Main | 14.17' x 11.15' | W/W Closet, 2 Pc Ensuite, Large Window |
| Office | 2nd | 7.84' x 11.52' | Open Concept, B/I Bookcase, Window |
| Prim Bdrm | 2nd | 14.76' x 13.16' | Fireplace, Hardwood Floor, Crown Moulding |
| Sunroom | 2nd | 7.35' x 8.23' | O/Looks Park, Closet, East View |
| Br | 2nd | 8.66' x 11.52' | , Closet, Hardwood Floor |
| Kitchen | 2nd | 9.25' x 7.15' | Window, Hardwood Floor, B/I Dishwasher |
| Living | 2nd | 16.24' x 13.16' | Closet, Hardwood Floor, Combined W/Dining |
| Br | 2nd | 13.09' x 11.52' | B/I Closet, Hardwood Floor |
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Toronto Market Statistics
Toronto Price Trend
30/32 Wells St is a 4-bedroom 5-bathroom home listed for sale at $2,399,000, which is $442,302 (22.6%) higher than the average sold price of $1,956,698 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 4 bedroom home in Toronto declined by $64,381 (3.2%) compared to the previous 30 day period (September 1 - September 30) and up $83,600 (4.5%) from the same time one year ago.Inventory Change
There were 673 4-bedroom homes listed in Toronto over the last 30 days (October 1 - October 30), which is down 16.1% compared with the previous 30 day period (September 1 - September 30) and up 19.8% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Toronto typically sold ($26,456) (1.4%) below asking price over the last 30 days (October 1 - October 30), which represents a $703 increase compared to the previous 30 day period (September 1 - September 30) and ($16,532) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Toronto over the last 30 days (October 1 - October 30) stood at 47.3%, up from 27.8% over the previous 30 days (September 1 - September 30) and up from 38.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 5-bathroom home in Toronto stood at 22 days when successfully sold over the last 30 days (October 1 - October 30), compared to 46 days before being removed from the market upon being suspended or terminated.Listing contracted with Freeman Real Estate Ltd.
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