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.
Under Contract:
Hot Water Heater
Property Type:
Residential Freehold
Property Sub Type:
Duplex
Home Style:
2 1/2 Storey
Total Approx Floor Area:
2000-2500
Lot Depth:
164'5"50.1 m
Lot Frontage:
22'7"6.88 m
Direction Faces:
West
Bedrooms:
4+2
Bathrooms:
5.0
Water supply:
Municipal
Kitchens:
3
Kitchens in Basement:
1
Bedrooms Above Grade:
4
Bedrooms Below Grade:
2
Kitchens Above Grade:
2
Rooms Above Grade:
11
Rooms Below Grade:
5
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Concrete
Roof:
Asphalt Shingle, Flat
Basement:
Apartment, Separate Entrance
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
Private Triple
Parking Spaces:
3
Total Parking Spaces:
3.0
Family Room:
No
Possession Details:
TBD
Pool:
None
HST Applicable To Sale Price:
In Addition To
Taxes:
$8,227 /
2025
Assessment:
$- /
-
Toronto
Toronto C08
Regent Park
None
Hot Water Tank
Brick
Floor
Type
Size
Other
Main
Living Room
26'1"7.95 m × 11'5"3.48 m
Crown Moulding, Vaulted Ceiling(s), Pocket Doors
Main
Kitchen
17'5"5.31 m × 16'11"5.16 m
Combined w/Dining, Stainless Steel Appl, Laminate
Main
Bedroom
15'7"4.75 m × 12'⅞"3.68 m
Laminate, Cathedral Ceiling(s), W/O To Deck
Main
Primary Bedroom
15'8"4.78 m × 10'8"3.25 m
3 Pc Ensuite, Laminate, Closet
Upper
Living Room
30'5"9.27 m × 17'5"5.31 m
Combined w/Dining, Laminate, Pot Lights
Upper
Kitchen
8'9½"2.68 m × 8'9"2.67 m
Laminate, Backsplash, Large Window
Upper
Bedroom
16'7"5.05 m × 11'1"3.38 m
Hardwood Floor, 3 Pc Ensuite, Closet
Upper
Bedroom
16'5"5.00 m × 15'4"4.67 m
W/O To Sundeck, Broadloom, Closet
Lower
Kitchen
12'5"3.78 m × 11'4"3.45 m
Eat-in Kitchen, Centre Island, Stainless Steel Appl
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