267 Albany Avenue, Toronto - $1,118,000 | Modern Solution Realty

267 Albany Avenue

267 Albany Avenue, Toronto

267 Albany Avenue in Toronto - 4 bedroom, 3 bathroom. Listed at $1,118,000.

An outstanding opportunity in the heart of the Annex! This well-maintained three-storey semi-detached home offers three self-contained residential suites, established rental income and exceptional flexibility in one of Toronto's most sought-after neighbourhoods. An appealing option for investors, end-users seeking income to help offset ownership costs, or those considering a future multi-generational or single-family home. The upper two floors feature a three-bedroom suite ($2,780/month), the main floor a one-bedroom suite ($1,845/month), and the basement a bachelor suite ($938/month). Total current rental income of $5,563/month. All three tenancies are month-to-month. A compelling opportunity to secure a versatile income property in an established, highly walkable downtown neighbourhood, with long-term potential to make it your own. UPGRADES BY SELLER: Significant improvements over the years include basement underpinning and floor lowering, roof replacements, updated 1st floor windows, furnace, and replacement of the main drain from the street. Additional upgrades include a sump pump, backwater valve, and basement flooring (2021), along with a renovated main-floor kitchen and updated appliances throughout the 3 suites. A well-maintained property with substantial investment in key structural and mechanical components.

Property Details

  • Property Type: Mortgage
  • Style: 3-Storey
  • Square Footage: 1750 sqft
  • Basement: Apartment
  • Heating: Gas
  • Cooling: None
  • Parking: 0 space
  • Property Taxes: $8,179.53/yr
  • Neighbourhood: Annex
  • Postal Code: M5R 3C7

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