Toronto, ON M6G 2Z1,401 Clinton Street
Toronto, ON M6G 2Z1,401 Clinton Street
Toronto, ON M6G 2Z1,401 Clinton Street
49
$1,500,000
$1,575,000
4.8%
Est.Price: ?

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5 BD
3 BA
1,589 SqFt

401 Clinton Street Toronto, ON M6G 2Z1

Est. payment /mo
SOLD DATE : 07/11/2024

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Key Details

Sold Price $1,500,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,589 sqft

Price per Sqft $943

MLS Listing ID 40594023

Sold Date 07/11/24

Style 2.5 Storey

Bedrooms 5

Full Baths 3

Abv Grd Liv Area 2,337

Originating Board Oakville

Year Built 1910

Annual Tax Amount $7,789

Property Description

Legal Duplex with Endless Possibilities in Prime Downtown Toronto Location. Nestled on a quiet tree-lined street of century homes, this duplex currently has three self-contained suites. Highly walkable to trendy shops, restaurants, Christie Pits Park and a 7-min stroll to the Bathurst Subway connecting you to all corners of the city. A lovely private yard perfect for entertaining. The single-car garage, if removed or rebuilt, could provide two parking spaces. Great investment opportunity or restore to a gorgeous 2.5-story semi. Basement waterproofing was completed in 2016, asphalt shingles in 2024, and forced air gas furnace and water heater in 2019. Upper is 3 Bdrm, Main is 1 Bdrm & Basement is 1Bdrm. A stone's throw from U of T. Outdoor enthusiasts will enjoy Christie Pits Park with sports fields, a pool, a playground & ice rink. Endless possibilities and a neighbourhood offering the very best of Toronto Living. Currently configured as three self-contained suites, this property generates a substantial monthly rental income of $5,000. However, with some renovations, it could easily be transformed into a magnificent 2.5-story single-family home, providing ample space for your family and guests. Current Rental Income: $2100 Upper, $1450 Main, $1450 Lower, for a total of $5000/mo. Landlord pays utilities. Market Rental Data suggests a potential of $7500/mo (buyer to do their own due diligence). An excellent investment opportunity to live in one suite and rent the others, and many opportunities to customize the home for your lifestyle. Whether you're seeking a lucrative investment property with immediate cash flow or a blank canvas to create your dream home in a prime downtown location, this property offers the perfect blend of flexibility, potential, and lifestyle amenities. Don't miss this rare opportunity to own a piece of Toronto in this vibrant location.

Location

Province ON

County Toronto

Area Tc02 - Toronto Central

Zoning M6G

Direction BLOOR/CLINTON

Rooms

Basement Full, Finished

Kitchen 3

Interior

Interior Features None

Heating Forced Air, Natural Gas

Cooling None

Fireplace No

Appliance Dryer, Refrigerator, Stove, Washer

Laundry In Basement

Exterior

Exterior Feature Balcony

Garage Detached Garage

Garage Spaces 1.0

Waterfront No

Roof Type Asphalt Shing

Porch Porch

Lot Frontage 19.0

Lot Depth 128.33

Parking Type Detached Garage

Garage Yes

Building

Lot Description Urban, Park, Playground Nearby, Public Transit, Schools, Shopping Nearby, Subways

Faces BLOOR/CLINTON

Foundation Unknown

Sewer Sewer (Municipal)

Water Municipal, Municipal-Metered

Architectural Style 2.5 Storey

Structure Type Stucco

New Construction No

Others

Senior Community false

Tax ID 212560107

Ownership Freehold/None

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Listed by Martin Group

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Diana Winger

Agent | License ID: BRBM2358

+1(226) 705-3369

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