2 Monteith Street, Toronto, ON
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Property Highlights
Welcome to this remarkable 3-Storey att/row/townhouse located in the coveted neighborhood of Church-Yonge Corridor. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,528,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 7 Bedrooms and 3 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 15.47 x 56.25 ft lot
- Features a apartment, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 0.0 total parking spaces available
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Charming, fully renovated Victorian in the heart of Church & Wellesley Village, blending timeless character with modern convenience in one of downtown Toronto's most sought-after locations - a setting that truly cannot be beat. Surrounded by parks, transit, restaurants, cafés, shops, and cultural landmarks, this vibrant neighbourhood offers unmatched convenience, lifestyle, and long-term value. This versatile 3-storey residence offers over 2,300 sq. ft. of thoughtfully designed living space, featuring 6 +1 spacious bedrooms, 3 full bathrooms, 2 full kitchens, and a fully self-contained basement suite with private income potential. Extensive upgrades include updated plumbing, electrical, furnace, A/C, and an owned tankless water heater, providing peace of mind for years to come. Enjoy exceptional outdoor living with both rooftop and backyard patios, perfect for entertaining or relaxing in the city. The basement suite currently generates approximately $1,800/month in supplemental income, making this an ideal opportunity for homeowners and investors alike. The property also boasts a proven track record as a successful bed & breakfast operation, offering exceptional future income potential as a boutique hospitality business or premium short-term rental opportunity for the right operator. Located directly across from a park and just steps to transit, shops, dining, TMU, and everything downtown Toronto has to offer, this is a rare opportunity to own a character-filled property with outstanding lifestyle appeal and remarkable investment potential in the city's core.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 2 Monteith Street, Toronto C08, ON M4Y 1K7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $1,528,000 in Toronto, the legal minimum down payment is $305,600 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $27,035 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $27,035 also applies, bringing the total estimated land transfer taxes to $54,070.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
