2 Monteith Street

About this property

Charming, fully renovated Victorian in the heart of Church & Wellesley Village, blending timeless character with modern convenience in one of downtown Toronto's most sought-after locations - a setting that truly cannot be beat. Surrounded by parks, transit, restaurants, cafés, shops, and cultural landmarks, this vibrant neighbourhood offers unmatched convenience, lifestyle, and long-term value. This versatile 3-storey residence offers over 2,300 sq. ft. of thoughtfully designed living space, featuring 6 +1 spacious bedrooms, 3 full bathrooms, 2 full kitchens, and a fully self-contained basement suite with private income potential. Extensive upgrades include updated plumbing, electrical, furnace, A/C, and an owned tankless water heater, providing peace of mind for years to come. Enjoy exceptional outdoor living with both rooftop and backyard patios, perfect for entertaining or relaxing in the city. The basement suite currently generates approximately $1,800/month in supplemental income, making this an ideal opportunity for homeowners and investors alike. The property also boasts a proven track record as a successful bed & breakfast operation, offering exceptional future income potential as a boutique hospitality business or premium short-term rental opportunity for the right operator. Located directly across from a park and just steps to transit, shops, dining, TMU, and everything downtown Toronto has to offer, this is a rare opportunity to own a character-filled property with outstanding lifestyle appeal and remarkable investment potential in the city's core.