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250 Shuter Street
homes for sale · Toronto · Moss Park
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$1,220,000

250 Shuter Street

Moss Park, Toronto · MLS® C13852988

63

House · Multi-family · 22 days on market

listed by JENNY LIN KWOK, HOMELIFE EXCELSIOR REALTY INC.

realtor's description

In the heart of Downtown Toronto, a legal 2 units, 2-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/build when the work is already done? This move-in-ready duplex features two fully self-contained apartments, each with its own separate entrance, separate hydro 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 consistent rental income over the years, attracting working professionals and students who value the convenience of downtown living with modern comfort. Located directly on a TTC bus route and close to a subway station, with a short 15-minute walk to George Brown College, CF Toronto Eaton Centre and Toronto Metropolitan University (TMU), this property combines income potential, convenience and urban lifestyle. The main floor and the basement combine as one unit of 4 bed & 2 washrooms. Its kitchen with cream hexagon ceramic backsplash brings warmth to the grey cabinetry and stainless steel appliances, laundry and an outdoor escape to a cute backyard. Opening the second front door is an entrance up the stairs to a 2 bedroom, 1x3 pc bath & laundry. This 2nd floor self contained unit is a modern & bright apartment. The combined living/dinning with an open concept overlooking the kitchen with stainless steel appliances. Off the first bedroom is a balcony overlooking the backyard. A 3pc washroom by the hallway and laundry. Wanting to own and get potential income? Book a showing to see this handsome duplex today! Or watch 2 videos separately of each unit in 3D

property details

type
House, Multi-family
bedrooms
6
bathrooms
3
parking
0
property tax
$5,095 / yr
days on market
22
MLS®
C13852988

features

  • Community Centre
  • All
  • Washer
  • Water meter
  • Dishwasher
  • Dryer

monthly cost

$5,740/mo
Mortgage $5,315 · Tax $425

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$5,315/ monthly
loan $976,000
25-year amortization
total interest
$618,627
cash to close
$244,000
down payment; transfer tax and fees not included
total paid
$1,594,627

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Moss Park, TorontoGoogle Maps ↗

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listed by
JENNY LIN KWOK
HOMELIFE EXCELSIOR REALTY INC.
call JENNY · 905-415-1000
Powered by: REALTOR.ca
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location

Moss Park, TorontoGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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