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$2,399,000Asking Price

30/32 Wells St

The Annex, Toronto

Detached
4 + 2
Bedrooms
5
Baths
4
Parking
Days on Market

**OPEN HOUSE THIS SUNDAY -NOV 17th 2-4pm** Check Out this Fantastic Opportunity. 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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Tour this home:

**OPEN HOUSE THIS SUNDAY -NOV 17th 2-4pm** Check Out this Fantastic Opportunity. 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.

Key Info

  • 2-Storey Detached
  • 2-Car Private Double Driveway
  • 2-Car Attached Garage
  • Spadina & Bloor
  • Basement: Apartment, Finished with Walk-out
  • 2 + 1 Kitchens
  • Water Gas Heating
  • Wall Unit A/C

Property

  • Lot Size 28.58 x 72.5 Feet
  • Brick Exterior
  • Taxes were $11,172 in 2024
  • Possession: 90 days

Details

  • Fireplace
  • Family Room
  • Sewers
  • Municipal Water
  •  
  • MLS #C9398946
  • FREEMAN REAL ESTATE LTD.

Extras

  • Speak to listing agent about Vacant possession.
Room Floor Dimensions Details
1 Living Room Main 11.15' x 21.33' Hardwood Floor, Fireplace, Built-in Shelves
2 Dining Room Main 17.26' x 7.35' Hardwood Floor, O/Looks Park, Built-in Shelves
3 Kitchen Main 11.52' x 10.99' Centre Island, Pot Lights, Stainless Steel Appliances
4 Family Room Main 11.52' x 22.34' Walkout To Deck, Double Closet, Built-in Bookcase
5 Bedroom Main 11.15' x 14.17' Wall to Wall Closet, 2-PieceEnsuite, Large Window
6 Office 2nd 11.52' x 7.84' Open Concept, Built-in Bookcase, Window
7 Primary Bedroom 2nd 13.16' x 14.76' Fireplace, Hardwood Floor, Crown Moulding
8 Bedroom 2nd 11.52' x 8.66' Closet, Hardwood Floor
9 Kitchen 2nd 7.15' x 9.25' Window, Hardwood Floor, Built-in Dishwasher
10 Living Room 2nd 13.16' x 16.24' Closet, Hardwood Floor, Combined W/Dining
11 Bedroom 2nd 11.52' x 13.09' Built-in Closet, Hardwood Floor
Washroom1 4-Piece Bathroom on Main Floor
Washroom1 2-Piece Bathroom on Main Floor
Washroom1 4-Piece Bathroom on 2nd Floor
Washroom1 4-Piece Bathroom on 2nd Floor
Washroom1 4-Piece Bathroom in Basement

Who lives here?

The Annex, Toronto is a central Toronto neighbourhood notable for its singles, renters, university grads, executives and business, science, education, law & public sector and arts & culture professionals. Residents tend to be younger with a significant number of youth aged 20 to 24 and adults aged 25 to 39.

Families

Kids Per Family

0.6

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

59% of residents are
single and loving it.

59% singles

Toronto (50%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

70% of residents
are renters.

70% renters

Toronto (47%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

74% of residents are
university grads.

74% university grads

Toronto (48%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$176K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Government 18%
Business 13%
Sales 12%
Management 9%
Culture 8%

Immigrants

28% of residents were
born outside of Canada.

28% immigrants

Toronto (48%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

USA was once home to 2.8% of immigrants.
China 2.3%
Caribbean 1.6%
UK 1.6%
India 1.1%

2.8% from USA
All-time

Birthplace - Recent

USA was once home to 0.8% of immigrants.
India 0.6%
China 0.5%
UK 0.4%
Iran 0.4%

0.8% from USA
Recent

Foreign Languages

Foreign Languages

French 3%
Spanish 2%
Mandarin 2%
Cantonese 2%
Korean 1%

Religions

Religions

Christian 40%
Jewish 11%
Muslim 3%
Buddhist 2%
Hindu 1%

Social Housing

Social Housing Buildings

8

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

2

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)