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$2,994,900Asking Price

34 River Street, Toronto, ON M5A 3N9

Corktown, Toronto

Duplex
4 + 2
Bedrooms
5
Baths
3
Parking
Days on Market

Amazing investment/income opportunity in Corktown. Prime location, literally a five minute walk to Queen and King Streets with excellent access to transit and downtown.This property has been very well maintained over the years by the live-in owner. The house is a legal duplex featuring a 1.5 storey, 1+1 bedroom unit on the main floor and 1.5 storey, 1+1 bedroom unit on the 2nd/3rd floor. Potential annual gross income of approximately $100,000 to $110,000 per annum. Built in 1870, this Victorian home is tastefully decorated and renovated and features large open rooms on the main floors with high ceilings and plenty of windows. The property features three designated parking spots. Large ground level deck and a spacious rooftop deck for the upper unit. Basement is a finished 2 bedroom apartment/in-law suite with a separate entrance.

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Amazing investment/income opportunity in Corktown. Prime location, literally a five minute walk to Queen and King Streets with excellent access to transit and downtown.This property has been very well maintained over the years by the live-in owner. The house is a legal duplex featuring a 1.5 storey, 1+1 bedroom unit on the main floor and 1.5 storey, 1+1 bedroom unit on the 2nd/3rd floor. Potential annual gross income of approximately $100,000 to $110,000 per annum. Built in 1870, this Victorian home is tastefully decorated and renovated and features large open rooms on the main floors with high ceilings and plenty of windows. The property features three designated parking spots. Large ground level deck and a spacious rooftop deck for the upper unit. Basement is a finished 2 bedroom apartment/in-law suite with a separate entrance.

Key Info

  • 2.5-Storey Duplex
  • 3 Parking
  • No Garage
  • Queen Street East/River Street
  • 2000-2500 Approximate Sq Feet
  • No Ensuite Laundry
  • Forced Air Gas Heating
  • Central Air

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $7,804 in 2024
  • Possession: TBD

Details

  • Brick Exterior
  • No Fireplace
  • 3 + 1 Kitchens
  •  
  • MLS #C12228123
  • RE/MAX HALLMARK REALTY LTD.

Extras

Room Floor Dimensions Details
1 Kitchen Main 17.42' x 16.93' Combined with Dining, Stainless Steel Appliances, Laminate
2 Kitchen Upper 8.79' x 8.76' Laminate, Backsplash, Large Window
3 Kitchen Lower 12.40' x 11.32' Eat-in Kitchen, Centre Island, Stainless Steel Appliances
Washroom1 3-Piece Bathroom on Main Floor
Washroom1 4-Piece Bathroom on Main Floor
Washroom1 2-Piece Bathroom on Upper
Washroom1 3-Piece Bathroom on Upper
Washroom1 4-Piece Bathroom on Lower

Who lives here?

Corktown, 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 adults aged 25 to 44.

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

59% of residents
are renters.

59% renters

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

Education

57% of residents are
university grads.

57% university grads

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

Income

Average Household Income

$135K

is the average household
income in the neighbourhood.

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

Professions

Professions

Business 14%
Sales 14%
Management 12%
Government 10%
Culture 10%

Immigrants

30% of residents were
born outside of Canada.

30% immigrants

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

Birthplace - All

Caribbean was once home to 2.9% of immigrants.
Philippines 1.8%
Jamaica 1.5%
UK 1.4%
Pakistan 1.4%

2.9% from Caribbean
All-time

Birthplace - Recent

Pakistan was once home to 1.1% of immigrants.
Philippines 1.0%
Jamaica 0.8%
India 0.7%
Brazil 0.6%

1.1% from Pakistan
Recent

Foreign Languages

Foreign Languages

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

Religions

Religions

Christian 44%
Jewish 3%
Muslim 3%
Hindu 1%
Buddhist 1%

Social Housing

Social Housing Buildings

6

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

3

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)