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.
Details
C12791164
3
$2,699,900
Owner+Tenant
None
2 + 2
2 1/2 Storey
4 + 2
5
2000-2500 Sqft
3712.15 SquareFeet
N/A
Duplex
Sale
Additional details
Forced Air / Gas
$8227
2025
LT 3 PL 252E TORONTO T/W CT968437 (FIRSTLY DESCRIBED); CITY OF TORONTO
N/A
N
3712.15
Apartment,Separate Entrance
Central Air
Municipal
Rooms
Living Room
Main Level
3.49 x 7.95
Kitchen
Main Level
5.16 x 5.31
Bedroom
Main Level
3.68 x 4.75
Primary Bedroom
Main Level
3.25 x 4.78
Living Room
Upper Level
5.31 x 9.27
Kitchen
Upper Level
2.67 x 2.68
Bedroom
Upper Level
3.38 x 5.05
Bedroom
Upper Level
4.67 x 5
Kitchen
Lower Level
3.45 x 3.78
Living Room
Lower Level
2.64 x 4.85
Bedroom
Lower Level
2.72 x 3.51
Bedroom
Lower Level
2.84 x 4.72
Schools Nearby
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FAQ
What is the total square footage of the C12791164 - 34 River Street, Toronto C08, ON M5A 3N9?
The total square footage of this property is 2000-2500 SqFt.
What schools near to C12791164 - 34 River Street, Toronto C08, ON M5A 3N9?