250 Shuter Street Toronto, Ontario M5A 1W2

$1,350,000

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! (id:55460)

Property Details

MLS® Number	C13852988
Property Type	Multi-family
Neigbourhood	Moss Park
Community Name	Moss Park
Amenities Near By	Park, Public Transit
Community Features	Community Centre

Building

Bathroom Total	3
Bedrooms Above Ground	4
Bedrooms Below Ground	2
Bedrooms Total	6
Appliances	Water Heater, Water Meter, All, Blinds, Dishwasher, Dryer, Two Stoves, Washer, Two Refrigerators
Basement Development	Finished
Basement Type	N/a (finished)
Cooling Type	Central Air Conditioning
Exterior Finish	Brick, Aluminum Siding
Flooring Type	Laminate
Foundation Type	Concrete
Half Bath Total	1
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	2
Size Interior	1,100 - 1,500 Sqft
Type	Duplex
Utility Water	Municipal Water

Parking

No Garage

Land

Acreage	No
Land Amenities	Park, Public Transit
Sewer	Sanitary Sewer
Size Depth	37 Ft ,9 In
Size Frontage	23 Ft ,7 In
Size Irregular	23.6 X 37.8 Ft
Size Total Text	23.6 X 37.8 Ft

Rooms

Level	Type	Length	Width	Dimensions
Second Level	Bedroom 4	2.83 m	1.9 m	2.83 m x 1.9 m
Second Level	Living Room	3 m	2.5 m	3 m x 2.5 m
Second Level	Kitchen	2.1 m	2.5 m	2.1 m x 2.5 m
Second Level	Bedroom 3	3.05 m	2.95 m	3.05 m x 2.95 m
Basement	Recreational, Games Room	1.7 m	1.5 m	1.7 m x 1.5 m
Basement	Bedroom	3.6 m	2.95 m	3.6 m x 2.95 m
Basement	Bedroom	2.83 m	1.9 m	2.83 m x 1.9 m
Main Level	Living Room	3.3 m	2.74 m	3.3 m x 2.74 m
Main Level	Kitchen	2.1 m	2.74 m	2.1 m x 2.74 m
Main Level	Bedroom	3.35 m	2.89 m	3.35 m x 2.89 m
Main Level	Bedroom 2	2.89 m	2.83 m	2.89 m x 2.83 m

https://www.realtor.ca/real-estate/30355212/250-shuter-street-toronto-moss-park-moss-park