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Behzad Rahdari, P. Eng.

Broker
Re/Max Hallmark Realty Ltd., Brokerage Independently owned and operated. 9555 Yonge St , Richmond Hill, Ontario L4C 9M5 Cell: 416-301-7556Office: 905-883-4922

$2,699,900
Available - For Sale
Listing ID: C12791164
34 River Street , Toronto, M5A 3N9, Toronto


Exceptional investment and income-generating opportunity in the heart of Corktown. Ideally situated with just a five-minute walk to both Queen Street East and King Street East. This property offers outstanding access to public transit, downtown Toronto, and a vibrant mix of restaurants, shops, and amenities. Meticulously maintained over the years by the live-in owner, this legal duplex showcases pride of ownership throughout. The home features two spacious 1.5-storey units, each offering a 1+1 bedroom layout. The main floor unit boasts generous principal rooms with high ceilings, large windows, and an abundance of natural light. The second/third-floor unit mirrors this thoughtful layout and design, and is currently tenanted, providing immediate rental income. Originally built in 1890, this charming Victorian residence blends timeless character with tasteful updates and modern renovations. The open-concept living spaces, impressive ceiling heights, and expansive windows create bright and inviting interiors that appeal to both tenants and end users alike. The lower level includes a fully finished two-bedroom apartment or in-law suite with a separate entrance, further enhancing income potential and flexibility. Estimated gross annual income ranges between $100,000 and $110,000, making this a compelling addition to any investment portfolio. Property features three designated parking spaces - a rare and valuable asset in this central location. Exterior features include a large ground-level deck for the main unit, and a spacious rooftop deck exclusively for the upper unit, both offering exceptional outdoor living space. This is a rare opportunity to acquire a well-maintained, income-producing property in one of Toronto's most desirable and historically rich neighbourhoods.
Price $2,699,900
Taxes: $8227.00
Occupancy: Owner+T
Address: 34 River Street , Toronto, M5A 3N9, Toronto
Directions/Cross Streets: Queen Street East/River Street
Rooms: 11
Rooms +: 5
Bedrooms: 4
Bedrooms +: 2
Family Room: F
Basement: Apartment, Separate Ent
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Living Ro 26.08 11.45 Crown Moulding, Vaulted Ceiling(s), Pocket Doors
Room 2 Main Kitchen 17.42 16.92 Combined w/Dining, Stainless Steel Appl, Laminate
Room 3 Main Bedroom 15.58 12.07 Laminate, Cathedral Ceiling(s), W/O To Deck
Room 4 Main Primary B 15.68 10.66 3 Pc Ensuite, Laminate, Closet
Room 5 Upper Living Ro 30.41 17.42 Combined w/Dining, Laminate, Pot Lights
Room 6 Upper Kitchen 8.79 8.76 Laminate, Backsplash, Large Window
Room 7 Upper Bedroom 16.56 11.09 Hardwood Floor, 3 Pc Ensuite, Closet
Room 8 Upper Bedroom 16.4 15.32 W/O To Sundeck, Broadloom, Closet
Room 9 Lower Kitchen 12.4 11.32 Eat-in Kitchen, Centre Island, Stainless Steel Appl
Room 10 Lower Living Ro 15.91 8.66 Laminate, Combined w/Kitchen, Above Grade Window
Room 11 Lower Bedroom 11.51 8.92 Laminate, Double Closet, Above Grade Window
Room 12 Lower Bedroom 15.48 9.32 Laminate, Double Closet, Above Grade Window
Washroom Type No. of Pieces Level
Washroom Type 1 3 Main
Washroom Type 2 4 Main
Washroom Type 3 2 Upper
Washroom Type 4 3 Upper
Washroom Type 5 4 Lower
Washroom Type 6 3 Main
Washroom Type 7 4 Main
Washroom Type 8 2 Upper
Washroom Type 9 3 Upper
Washroom Type 10 4 Lower
Washroom Type 11 3 Main
Washroom Type 12 4 Main
Washroom Type 13 2 Upper
Washroom Type 14 3 Upper
Washroom Type 15 4 Lower
Total Area: 0.00
Property Type: Duplex
Style: 2 1/2 Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Private Tr
Drive Parking Spaces: 3
Park #1
Parking Type: Private Tr
Park #2
Parking Type: Private Tr
Pool: None
Approximatly Square Footage: 2000-2500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
$
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX HALLMARK REALTY LTD.
Personal Picture
Behzad Rahdari, P. Eng.
Broker
Dir:
416-301-7556
Bus:
905-883-4922
 
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At a Glance:
Type: Freehold - Duplex
Area: Toronto
Municipality: Toronto C08
Neighbourhood: Regent Park
Style: 2 1/2 Storey
Lot Size: x 164.40(Feet)
Approximate Age:
Tax: $8,227
Maintenance Fee: $0
Beds: 4+2
Baths: 5
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
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