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2 Monteith Street

2 Monteith Street

Toronto C08, ON

  • 7 bed
  • 3 bath
  • approx. 1500-2000 sqft
  • Att/Row/Townhouse
$1,149,000

A Rare Income-Generating Gem In The Heart of Downtown Toronto! Welcome To 2 Monteith Street, A Tastefully Renovated And Meticulously Maintained Three-Storey Victorian Residence Nestled In The Highly Sought-After Church-Wellesley Village! Offering Approximately 2,300 Sq. Ft. of Living Space. This Beautifully Appointed Property Seamlessly Blends Timeless Architectural Charm With Modern Comfort And Functionality. Featuring Spacious, Well-Designed Interiors, A Fully Finished Basement Apartment, And Two Gorgeous Outdoor Retreats Including A Stunning Rooftop Patio And A Charming Backyard Patio, Perfect For Relaxing or Entertaining. An Exceptional Turnkey Investment Opportunity! Currently Generating $6,450 In Gross Monthly Rental Income ($77,400 Annually), With Three Additional Vacant Bedrooms Offering Potential For Another $4,200 Per Month. At Full Projected Occupancy, Gross Rental Income Could Reach An Impressive $10,650 Monthly or $127,800 Annually, Subject To Applicable Rental Requirements.The Property Comes Furnished, Adding Convenience And Appeal For Investors And End Users Alike. Enjoy An Unbeatable Location Just Steps From Wellesley Subway Station, Yonge Street, Toronto Metropolitan University, Trendy Restaurants, Cafés, Boutique Shops, Parks And Downtown Amenities. Whether You're An Investor Seeking Strong Income Potential Or A Buyer Looking For A Distinctive Urban Residence With Flexible Living Options. This Remarkable Property Offers The Perfect Combination of Location, Lifestyle, Character And Investment Potential!

Listing Details

Taxes (2026)
$6,561
Listed
November 4, 2026

Price History

Listing history

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Property

Style
3-Storey
Construction
Brick
Roof
Unknown
Foundation
Unknown
Interior
None
Lot Size
15.47 x 56.25 Feet

Parking

Garage
None
Covered Spaces
0
Total Parking
0

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Church St./Wellesley St.
Parcel Number
211060209
Possession
Flexible
Occupancy
Tenant

Included

Inclusions
2 Fridges, 2 Cooktops, 2 Microwaves, 2 Dishwashers, Front Load Washer & Dryer, All Elfs & Window Coverings.
Rental Items
None.

Schools

Elementary

  • Church Street Junior Public School0.4 km

    Public · Toronto DSB · 485 students

    Grade 3 reading: 81% met the provincial standard · Grade 6 math: 45% met the provincial standard

  • St Martin Catholic School(OL of Lourdes0.5 km

    Catholic · Toronto CDSB

  • Collège français élémentaire0.6 km

    French public · CS Viamonde · 75 students

Secondary

  • Native Learning Centre0.4 km

    Public · Toronto DSB

  • Jarvis Collegiate Institute0.4 km

    Public · Toronto DSB · 610 students

    Grade 10 literacy: 80% met the provincial standard

  • Msgr Fraser College (Isabella Campus)0.5 km

    Catholic · Toronto CDSB · 345 students

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area M4Y

Population
36,319
Private dwellings
26,472
Median age
33.2
Average household size
1.5
Median household income
$62,400

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in Toronto C08 · last 12 months

Median sold price
$581,500
Homes sold
1,610
Median days on market
28
Sale-to-list price
97.3%

Based on 1,610 recorded sales of residential freehold properties in Toronto C08 over the last 12 months.

Rooms

4-piece on Second, 3-piece on Third, 3-piece on Basement

Third

  • Bedroom14'4" x 11'6"
  • Bedroom14'8" x 9'9"

Second

  • Bedroom14' x 11'10"
  • Bedroom11'8" x 9'1"
  • Bedroom10'11" x 9'4"

Main

  • Bedroom11'2" x 11'1"
  • Dining Room22'6" x 11'11"
  • Kitchen14'4" x 11'11"
  • Living Room22'6" x 11'11"

Basement

  • Bedroom11'8" x 11'
  • Dining Room11'6" x 5'10"
  • Kitchen5'10" x 6'7"
  • Living Room14'2" x 12'2"

Listed by

CENTURY 21 LEADING EDGE REALTY INC.

Walk Score

99

Walk

90

Transit

98

Bike

Scores by Walk Score®

Mortgage Calculator

$229,800

Estimated Monthly Payment

$5,645

Land transfer tax

Estimated land transfer tax$19,455

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $5,645/mo (20% down, 5.5%)

Taxes: $547/mo · Insurance: $287/mo

Estimates only. Consult a financial advisor.

R

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