58 Massey Street

About This Property

This stunning Victorian is nestled between Queen St. W. less than a block south of Trinity Bellwoods Park and King St. W. Central to many of the city attractions and downtown, yet so quiet you awake to the sound of birds chirping. With soaring high ceilings, a quiet private backyard and an oversized 1.5 car garage, this versatile property boasts a total of 5 bedrooms, 3 kitchens and 3 bathrooms, currently divided into 3 living spaces: an owner's suite and two income-generating units. The upper unit rents for $265/night with the basement receiving $2500 monthly. An unbeatable location steps from Toronto's finest coffee shops, restaurants, boutiques and entertainment, with easy access to both transit and the Gardner. Endless possibilities await including live-in with rental income to offset your mortgage, a full investment property, co-ownership or easily could be used as a single-family home. Potential rental income: Main + Garage $3300/month, upper $2900/Month, Basement $2000/Month = $8200/month potential income. Laneway house potential and preliminary concept renovation drawings available.