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University, Toronto
$2,300,000
Attention Doctors and Medical Specialists! Steps from it All! Boasting a near-perfect transit and bike score, you are steps from the city's best. Walk to the University of Toronto, world-renowned hospitals, and the bespoke shops and cafes nearby. On weekends, immerse yourself in the vibrant energy of Kensington Market and the artisanal dining of College Street. Historic Charm Meets Modern Potential: Experience the best of Toronto living in this exquisite 1890s detached Victorian home, nestled on a quiet, tree-lined street in the heart of the South Annex. Currently configured as a duplex, this residence blends historic soul with modern urban comfort. Whether you are looking for a blue-chip income property or the ultimate canvas for a luxury single-family conversion, this property offers a rare footprint in an unbeatable location.The Space: Light, Height, and Versatility. The upper residence is a showstopper, featuring an airy open-concept layout defined by soaring ceilings and dramatic cathedral peaks. The third-floor primary suite offers a "loft-in-the-city" vibe, complete with a large walk-out deck-a private sanctuary for morning coffee or evening sunsets. The main floor currently features a bedroom and a bright living room, which can easily be converted into a second bedroom to maximize rental yield or living space. With recently updated shingles and spacious bathrooms, the home provides a solid foundation for your personal vision.The Opportunity: Expand and Reimagine. Set on a deep, detached lot, this property is a visionary's dream. Explore the significant potential for a rear addition to create a modern masterpiece or capitalize on the rare 2-3 car laneway parking. In a neighbourhood where parking is at a premium, having space for multiple vehicles is a true luxury and a massive value-add for any future renovation or garden suite potential.Historic beauty meets modern elegance. Your South Annex legacy starts here!
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| Type | Detached |
| Style | 2 1/2 Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $8,536 |
| Lot Size | 22 ft x 90 ft |
| mls© Number | C12981486 |
| Listed By | FOREST HILL REAL ESTATE INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $11,772
- Property tax
- $711
- Heat allowance
- $150
- Housing costs
- $12,634 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$389,000
gross annual household income
- Payment at 4%
- $9,679 / mo
- Cash down
- $460,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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