267 Albany Avenue,Toronto C02, ON M5R 3C7
Toronto C02, ON M5R 3C7
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.
Details
| MLS # | C14033736 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 10 |
| Listing Provided By | FREEMAN REAL ESTATE LTD. | C14033736 222000 |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 3 |
| Basement | Y |
| Story(s) | 3 |
| Acreage | 0.04 |
Interior
| Interior Features | None |
|---|---|
| Cooling | None |
| Heat Source | Gas |
| Fireplace Yes / No | No |
Exterior
| Exterior Features | Deck, Porch |
|---|---|
| Roof | Unknown |
| Foundation Details | Unknown |
| Construction Materials | Brick, Other |
| Security Features | Carbon Monoxide Detectors |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Street Only |
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 8179.53 |
|---|---|
| Tax Legal Description | PT LT 32 E/S GEORGE ST PL 535 NORTH WEST ANNEX AS IN CT748501 S/T & T/W |
| Tax Year | 2026 |
Area Information
| Province | ON |
|---|---|
| County | Toronto |
| City | Toronto C02 |
| Postal Code | M5R 3C7 |
| Area | Annex |
| Listing VS Median (in M5R 3C7) | |
Price: $1,118,000 low | high Med: $0 On site: 10 low | high Med: | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Toronto |
| City | Toronto C02 |
| Postal Code | M5R 3C7 |
| Area | Annex |
| Listing VS Median (in M5R 3C7) | |
Price: $1,118,000 low | high Med: $0 On site: 10 low | high Med: | |
