$2,699,900.00

34 RIVER STREET, Toronto (Regent Park), Ontario, M5A3N9, Canada Listing ID: C12791164
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Bathrooms Bedrooms Property Type
5 6 Multi-family

Exceptional investment and income-generating opportunity in the heart of Corktown. Ideally situated with just a five-minute walk to both Queen Street East and King Street East. This property offers outstanding access to public transit, downtown Toronto, and a vibrant mix of restaurants, shops, and amenities. Meticulously maintained over the years by the live-in owner, this legal duplex showcases pride of ownership throughout. The home features two spacious 1.5-storey units, each offering a 1+1 bedroom layout. The main floor unit boasts generous principal rooms with high ceilings, large windows, and an abundance of natural light. The second/third-floor unit mirrors this thoughtful layout and design, and is currently tenanted, providing immediate rental income. Originally built in 1890, this charming Victorian residence blends timeless character with tasteful updates and modern renovations. The open-concept living spaces, impressive ceiling heights, and expansive windows create bright and inviting interiors that appeal to both tenants and end users alike. The lower level includes a fully finished two-bedroom apartment or in-law suite with a separate entrance, further enhancing income potential and flexibility. Estimated gross annual income ranges between $100,000 and $110,000, making this a compelling addition to any investment portfolio. Property features three designated parking spaces - a rare and valuable asset in this central location. Exterior features include a large ground-level deck for the main unit, and a spacious rooftop deck exclusively for the upper unit, both offering exceptional outdoor living space. This is a rare opportunity to acquire a well-maintained, income-producing property in one of Toronto's most desirable and historically rich neighbourhoods. (id:31565)

Paul McDonald, Sales Representative
Paul McDonald is no stranger to the Toronto real estate market. With over 21 years experience and having dealt with every aspect of the business from simple house purchases to condo developments, you can feel confident in his ability to get the job done.
Book appointment/showing: 34 RIVER STREET (C12791164)
Room Details
Level Type Length Width Dimensions
Lower level Bedroom 3.51 m 2.72 m 3.51 m x 2.72 m
Lower level Bedroom 4.72 m 2.84 m 4.72 m x 2.84 m
Lower level Kitchen 3.78 m 3.45 m 3.78 m x 3.45 m
Lower level Living room 4.85 m 2.64 m 4.85 m x 2.64 m
Main level Living room 7.95 m 3.49 m 7.95 m x 3.49 m
Main level Kitchen 5.31 m 5.16 m 5.31 m x 5.16 m
Main level Bedroom 4.75 m 3.68 m 4.75 m x 3.68 m
Main level Primary Bedroom 4.78 m 3.25 m 4.78 m x 3.25 m
Upper Level Living room 9.27 m 5.31 m 9.27 m x 5.31 m
Upper Level Kitchen 2.68 m 2.67 m 2.68 m x 2.67 m
Upper Level Bedroom 5.05 m 3.38 m 5.05 m x 3.38 m
Upper Level Bedroom 5 m 4.67 m 5 m x 4.67 m
Additional Information
Amenity Near By
Features
Maintenance Fee
Maintenance Fee Payment Unit
Management Company
Ownership
Parking
  • Name - No Garage
Transaction For sale
Building
Bathroom Total 5
Bedrooms Total 6
Bedrooms Above Ground 4
Bedrooms Below Ground 2
Basement Features Apartment in basement, Separate entrance
Basement Type N/A, N/A
Cooling Type Central air conditioning
Exterior Finish Brick
Fireplace Present
Flooring Type Laminate, Hardwood, Carpeted
Foundation Type Concrete
Half Bath Total 1
Heating Fuel Natural gas
Heating Type Forced air
Size Interior 2000 - 2500 sqft
Stories Total 2.5
Type Duplex
Utility Water Municipal water
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