507 Annette St

Welcome to High Park North! This home, currently configured into 3 spacious units with separate entrances, offers 9 bedrooms and 4 baths. Take advantage of substantial income with a 7.5% cap rate, making it a savvy investment. Unique opportunity in the market to Live for free by renting the other two units! Ask for Financials. Difficult to find another home like it. Explore the option to remove drywall, converting it back into a single-family Home. The basement unit, renovated in 2021, maximizes rental income with 2 Br. The main floor unit features 2 Br, a fireplace, and a W/O to a deck, hot tub, and backyard studio/gym. The upper floors boast 4 bedrooms and a den ideal for larger families seeking both space and passive income. AAA tenants. Enjoy easy transit access with bike lanes, buses, and a quick walk to the subway, making city living a breeze. This property combines historic charm with versatility, offering endless possibilities for both investors and homeowners alike. Past 1-2 yrs: 100% electrical overhaul, new roof, gutters, flashing, siding, large new deck, insulated backyard studio/gym, heat pumps/A/C, duct work, boiler and on-demand hws. Private entrances for all 3 units.