250 SHUTER STREET N

About this property

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 when the work is already done? This move-in-ready duplex features two fully self-contained apartments, each with its own separate entrance, independent utility 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 strong and consistent rental history over the years, attracting working professionals and students who value the convenience of downtown living. The two units offer a combined potential rental income of approximately $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 approximately a 15-minute walk to George Brown College, CF Toronto Eaton Centre and Toronto Metropolitan University (TMU), this property combines income potential, convenience and lifestyle in one exceptional package. Open the door and walk into the living/dinning brightly lit main floor unit. The Kitchen with cream colored hexagon ceramic backsplash brings warmth to the grey cabinetry and stainless steel appliances. The two bedrooms has its view of the backyard and walking down the hallway the staircase lead down to another two bedrooms. Entering through the second front entrance leads to another two bedroom apartment up the stairs. The large windows of the combined living/dinning overlooking the open concept kitchen is cozy and bright. There is a balcony in the first bedroom. A 3pc washroom is by the hallway. Come and book a showing today! (id:66779)