$1,350,000
Available - For Sale
Listing ID: C13852988
250 Shuter Street , Toronto, M5A 1W2, Toronto
| In the heart of Downtown Toronto, this charming two-storey duplex presents an excellent opportunity for investors, first-time buyers, and those seeking a flexible income-producing property. Why take on the uncertainty, stress, time and expense of a major renovation/build when the work is already done? This move-in-ready duplex features two fully self-contained apartments, each with its own separate entrance, separate hydro meter, forced-air gas furnace, in-suite laundry and quality appliances. Ideal for an investor seeking rental income or a first-time buyer looking to live in one unit while generating income from the other. The property has enjoyed a consistent rental income over the years, attracting working professionals and students who value the convenience of downtown living with modern comfort. The previous years the two units offered a combined rental income of $5,650 per month [$3,500 for the main/basement unit and $2,150 for the second-floor unit]. Located directly on a TTC bus route and close to a subway station, with a short 15-minute walk to George Brown College, CF Toronto Eaton Centre and Toronto Metropolitan University (TMU), this property combines income potential, convenience and urban lifestyle. The main floor and the basement combine as one unit of 4 bed. Its kitchen with cream hexagon ceramic backsplash brings warmth to the grey cabinetry and stainless steel appliances, laundry and an outdoor escape to a cute backyard. Opening the second front door is an entrance up the stairs to a two bedroom self contained modern & bright apartment on the 2nd floor. The living/dinning with an open concept overlooking the kitchen with stainless steel appliances. The unit is bright, cozy with its own privacy. There is a balcony off the first bedroom to look into the backyard. A 3pc washroom by the hallway and laundry. This duplex is cash flow ready! |
| Price | $1,350,000 |
| Taxes: | $5094.95 |
| Occupancy: | Vacant |
| Address: | 250 Shuter Street , Toronto, M5A 1W2, Toronto |
| Directions/Cross Streets: | Shuter / Parliament |
| Rooms: | 8 |
| Rooms +: | 2 |
| Bedrooms: | 4 |
| Bedrooms +: | 2 |
| Family Room: | F |
| Basement: | Finished |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Kitchen | 6.89 | 8.99 | Stainless Steel Appl, Window, Ceramic Backsplash |
| Room 2 | Main | Kitchen | 6.89 | 8.99 | Open Concept, Window, Stainless Steel Appl |
| Room 3 | Main | Bedroom | 10.99 | 9.48 | Overlooks Backyard, Window, Laminate |
| Room 4 | Main | Bedroom 2 | 9.48 | 9.28 | Overlooks Backyard, Window, Laminate |
| Room 5 | Basement | Recreatio | 5.58 | 4.92 | Combined w/Laundry, Laminate |
| Room 6 | Basement | Bedroom | 11.81 | 9.68 | Closet, Window, Laminate |
| Room 7 | Basement | Bedroom | 9.28 | 6.23 | Closet, Window, Laminate |
| Room 8 | Second | Living Ro | 9.84 | 8.2 | Combined w/Dining, Window, Pot Lights |
| Room 9 | Second | Kitchen | 6.89 | 8.2 | Open Concept, Ceramic Backsplash, Stainless Steel Appl |
| Room 10 | Second | Bedroom 3 | 10 | 9.68 | Juliette Balcony, Window, Closet |
| Room 11 | Second | Bedroom 4 | 9.28 | 6.23 | Window, Closet, Laminate |
| Room 12 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 2 | Main |
| Washroom Type 2 | 3 | Second |
| Washroom Type 3 | 4 | Basement |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 2 | Main |
| Washroom Type 7 | 3 | Second |
| Washroom Type 8 | 4 | Basement |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 2 | Main |
| Washroom Type 12 | 3 | Second |
| Washroom Type 13 | 4 | Basement |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 2 | Main |
| Washroom Type 17 | 3 | Second |
| Washroom Type 18 | 4 | Basement |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 2 | Main |
| Washroom Type 22 | 3 | Second |
| Washroom Type 23 | 4 | Basement |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 | |
| Washroom Type 26 | 2 | Main |
| Washroom Type 27 | 3 | Second |
| Washroom Type 28 | 4 | Basement |
| Washroom Type 29 | 0 | |
| Washroom Type 30 | 0 | |
| Washroom Type 31 | 2 | Main |
| Washroom Type 32 | 3 | Second |
| Washroom Type 33 | 4 | Basement |
| Washroom Type 34 | 0 | |
| Washroom Type 35 | 0 | |
| Washroom Type 36 | 2 | Main |
| Washroom Type 37 | 3 | Second |
| Washroom Type 38 | 4 | Basement |
| Washroom Type 39 | 0 | |
| Washroom Type 40 | 0 |
| Total Area: | 0.00 |
| Property Type: | Duplex |
| Style: | 2-Storey |
| Exterior: | Brick, Aluminum Siding |
| Garage Type: | None |
| (Parking/)Drive: | None |
| Drive Parking Spaces: | 0 |
| Park #1 | |
| Parking Type: | None |
| Park #2 | |
| Parking Type: | None |
| Pool: | None |
| Other Structures: | None |
| Approximatly Square Footage: | 1100-1500 |
| Property Features: | Library, Park |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Elevator Lift: | False |
| Sewers: | Sewer |
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| HOMELIFE EXCELSIOR REALTY INC. |
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At a Glance:
| Type: | Freehold - Duplex |
| Area: | Toronto |
| Municipality: | Toronto C08 |
| Neighbourhood: | Moss Park |
| Style: | 2-Storey |
| Tax: | $5,094.95 |
| Beds: | 4+2 |
| Baths: | 3 |
| Fireplace: | N |
| Pool: | None |
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