This stunning Victorian is nestled between Queen St. W. less than a block south of Trinity Bellwoods Park and King St. W. Central to many of the city attractions and downtown, yet so quiet you awake to the sound of birds chirping. With soaring high ceilings, a quiet private backyard and an oversized 1.5 car garage, this versatile property boasts a total of 5 bedrooms, 3 kitchens and 3 bathrooms, currently divided into 3 living spaces: an owner's suite and two income-generating units. The upper unit rents for $265/night with the basement receiving $2500 monthly. An unbeatable location steps from Toronto's finest coffee shops, restaurants, boutiques and entertainment, with easy access to both transit and the Gardner. Endless possibilities await including live-in with rental income to offset your mortgage, a full investment property, co-ownership or easily could be used as a single-family home. Potential rental income: Main + Garage $3300/month, upper $2900/Month, Basement $2000/Month = $8200/month potential income. Laneway house potential and preliminary concept renovation drawings available.
Address
58 Massey Street
List Price
$1,699,000
Property Type
Residential Freehold
Type of Dwelling
Att/Row/Townhouse
Style of Home
2-Storey
Area
Toronto C01
Sub-Area
Niagara
County
Toronto
Bedrooms
5 + 1
Bathrooms
3
Floor Area
1500 - 2000 Sq. Ft.
Lot Depth
110
Lot Size Units
Feet
Lot Width
16
MLS® Number
C12029135
Listing Brokerage
RE/MAX PROFESSIONALS INC.
Basement Area
Finished
Postal Code
M6J 2T4
Parking
Lane
Parking Places (Total)
1.5
Tax Amount
$7,289.34
Tax Year
2024
Interior Features
Other
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick
Direction Faces
West
Foundation Details
Concrete, Stone
Garage Type
Detached
Kitchens Total
3
Pool Features
None
Roof
Shingles
Sewer
Sewer