2 Monteith St
Church-Yonge Corridor, Toronto, Ontario M4Y 1K7
- Bedrooms
- 6+1
- Bathrooms
- 3
- Size
- 1,500–2,000sq ft
- Per sq ft
- $657at the range’s middle
- Lot
- 15.47 x 56.25 ft
- Tax a year
- $6,5612026 tax year
- Parking
- 0none
- Days on market
- Members
The brief
About 2 Monteith St
2 Monteith St is a 6+1-bedroom, 3-bathroom freehold townhouse in Church-Yonge Corridor, Toronto, listed for sale at an asking price of $1,149,000 (MLS® C14149688).
A Rare Income-Generating Gem In The Heart of Downtown Toronto! Welcome To 2 Monteith Street, A Tastefully Renovated And Meticulously Maintained Three-Storey Victorian Residence Nestled In The Highly Sought-After Church-Wellesley Village! Offering Approximately 2,300 Sq. Ft. of Living Space. This Beautifully Appointed Property Seamlessly Blends Timeless Architectural Charm With Modern Comfort And Functionality. Featuring Spacious, Well-Designed Interiors, A Fully Finished Basement Apartment, And Two Gorgeous Outdoor Retreats Including A Stunning Rooftop Patio And A Charming Backyard Patio, Perfect For Relaxing or Entertaining. An Exceptional Turnkey Investment Opportunity! Currently Generating $6,450 In Gross Monthly Rental Income ($77,400 Annually), With Three Additional Vacant Bedrooms Offering Potential For Another $4,200 Per Month. At Full Projected Occupancy, Gross Rental Income Could Reach An Impressive $10,650 Monthly or $127,800 Annually, Subject To Applicable Rental Requirements.The Property Comes Furnished, Adding Convenience And Appeal For Investors And End Users Alike. Enjoy An Unbeatable Location Just Steps From Wellesley Subway Station, Yonge Street, Toronto Metropolitan University, Trendy Restaurants, Cafés, Boutique Shops, Parks And Downtown Amenities. Whether You're An Investor Seeking Strong Income Potential Or A Buyer Looking For A Distinctive Urban Residence With Flexible Living Options. This Remarkable Property Offers The Perfect Combination of Location, Lifestyle, Character And Investment Potential!
Insights
Condition Score
Good78/1002 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Strong98/100+$3,011/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 13 homes with 7 bedrooms for lease in Toronto right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $6,561 / 2026
- MLS® number
- C14149688
- Board
- TRREB MLS®
- Property Type
- Att/Row/Twnhouse
- Days on market
- Size
- 1500-2000 sqft
- Lot Size
- 15.47 x 56.25 ft
- Listed on
- Parking
- None, 0 Parking
Property details
Property
- Property Type
- Att/Row/Twnhouse
- Style
- 3-Storey
- Community
- Church-Yonge Corridor
- Municipality
- Toronto
Building
- Size
- 1500-2000 sqft
- Construction
- Brick
Inside
- Bedrooms
- 6+1
- Bathrooms
- 3
- Bathroom Details
- 1 × 4pc 2nd, 1 × 3pc 3rd, 1 × 3pc Bsmt
- Basement Type
- Apartment
- Kitchens
- 1
Parking
- Driveway
- None
- Garage Type
- None
- Additional Parking
- 0
- Total Parking
- 0
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 15.47 ft
- Depth
- 56.25 ft
- Lot Size
- 15.47 x 56.25 ft
Additional
- Fireplace
- Yes
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- 2 Fridges, 2 Cooktops, 2 Microwaves, 2 Dishwashers, Front Load Washer & Dryer, All Elfs & Window Coverings.
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.63 × 6.85 m | hardwood floor, Fireplace, Combined W/Dining | Main |
| Dining | 3.63 × 6.85 m | hardwood floor, Combined W/Living | Main |
| Kitchen | 3.63 × 4.37 m | hardwood floor, Open Concept | Main |
| Br | 3.39 × 3.4 m | hardwood floor, W/O To Garden | Main |
| Br | 2.85 × 3.33 m | hardwood floor, Window | 2nd |
| Br | 2.76 × 3.56 m | hardwood floor, Window, Closet | 2nd |
| Br | 3.6 × 4.27 m | hardwood floor, O/Looks Park, Window | 2nd |
| Br | 3.5 × 4.36 m | hardwood floor, O/Looks Park, Window | 3rd |
| Br | 2.96 × 4.48 m | hardwood floor, W/O To Patio | 3rd |
| Living | 3.7 × 4.31 m | hardwood floor, Large Window | Bsmt |
| Dining | 1.79 × 3.5 m | Hardwood Floor | Bsmt |
| Br | 3.36 × 3.55 m | Hardwood Floor | Bsmt |
| Kitchen | 2.0 × 1.79 m | Hardwood Floor | Bsmt |
Listing history
Buy/sell history for 2 Monteith St, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,149,000 | N/A | For Sale | C14149688 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $229,800
- Total mortgage amount
- $919,200
- Total interest payment
- $653,400
- Total purchase cost
- $1,802,400
- Mortgage payment
- $5,242/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
—Monthly carrying cost
$5,789- Carrying cost $5,789
- Surplus $3,011
Rental income opens at $8,800, the median asking rent of 13 comparable homes for lease in Toronto. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $19,455
- Toronto municipal land transfer tax
- $19,455
- Total land transfer tax
- $38,910
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $30,435
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,149,000
- $14,980
- Ontario total
- $19,455
Toronto’s municipal tax uses the same brackets at this price, so it adds another $19,455.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 870 sq ft81 m²
- Street frontage
- 15.47 ft4.7 m
- Depth
- 56.25 ft17.1 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m97 test or monitoring holes also recorded.250 m
- Groundwater recorded about 12.1 m below ground nearbyThe middle water level in the well records within 500 m (549 records). It changes with the season and from spot to spot.500 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity5
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 53 building permits issued within 250 m in the last 2 years250 m
- 31 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Nearest airport: 3.7 km3.7 km
- Mapped parcel: about 880 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · Municipal development applications · toronto.parcels
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Enwave Energy Corporation — Walton Street Steam Plant, 1.1 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
- On the Heritage Register — Listed
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: Changes outside the house, and tree removal, may need the City’s review on top of the usual permits. Ask the City before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
Zone
R (d1.0) (x87)By-law
569-2013Municipality
Toronto1 d1.0
Density: floor area is capped at 1.0 times the lot area.
2 x87
Site-specific exception 87: this site has rules of its own, written in the by-law.
3 Where this is written
Chapter 10, section 10.10 of By-law 569-2013 · Exception 900.2.10(87)
4 What that means in practice
These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.
City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
2 building permits cleared at this address in the City’s file.
Party Wall Admin PermitsCancelled
Party Wall Admin Permits for 553 Church St
Completed December 2, 2020
Party Wall Admin PermitsCancelled
Party Wall Admin Permits for 551
Completed December 2, 2020
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
572 A CHURCH STCondominiumUnder Review
*** Draft Plan of Condominium for 124 residential units and 2 commercial units.
90 m away572 A CHURCH STOfficial plan or zoning amendmentAppeal Received
OPA and Rezoning application to permit a 12-storey mixed-use building (38.5 m plus mechanical penthouse) consisting of 225 square metres of retail uses at grade and 127 dwelling units above. A total of 96 bicycle parking spaces and 20 vehicular parking are proposed.
90 m away572 A CHURCH STSite planUnder Review
Site Plan Approval for a 12-storey mixed-use building with retail space on the ground floor and 115 rental dwelling units.
90 m away572 CHURCH STOfficial plan or zoning amendmentAppeal Received
OPA and Rezoning application to permit a 12-storey mixed-use building (38.5 m plus mechanical penthouse) consisting of 225 square metres of retail uses at grade and 127 dwelling units above. A total of 96 bicycle parking spaces and 20 vehicular parking are proposed.
90 m away572 CHURCH STCondominiumUnder Review
*** Draft Plan of Condominium for 124 residential units and 2 commercial units.
90 m away572 CHURCH STSite planUnder Review
Site Plan Approval for a 12-storey mixed-use building with retail space on the ground floor and 115 rental dwelling units.
90 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Wellesley Station | TTC subway: Line 1 Yonge-University | 250 m |
| Bloor-Yonge Station | TTC subway: Line 1 Yonge-University, Line 2 Bloor-Danforth | 600 m |
| Sherbourne Station | TTC subway: Line 2 Bloor-Danforth | 700 m |
| Union Station | TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train | 2.4 km |
| Eglinton Station | TTC subway: Line 1 Yonge-UniversityTTC light rail: Line 5 Eglinton | 4.5 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Church Street Junior Public SchoolToronto DSB | Public · grades JK–6 | 400 m | 72%Grade 6 average |
| Our Lady of Lourdes Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 550 m | 66%Grade 6 average |
| Rose Avenue Junior Public SchoolToronto DSB | Public · grades JK–6 | 750 m | 49%Grade 6 average |
| École élémentaire Gabrielle-RoyConseil scolaire Viamonde | French-language public · grades JK–6 | 1.4 km | 96%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Jarvis Collegiate InstituteToronto DSB | Public · grades 9–12 | 350 m | 34%Grade 9 math |
| Native Learning CentreToronto DSB | Public · grades 9–12 | 400 m | — |
| Msgr Fraser College (Isabella Campus)Toronto CDSB | Catholic · grades 9–12 | 450 m | — |
| Collège français secondaireConseil scolaire Viamonde | French-language public · grades 9–12 | 600 m | 86%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Church-Yonge Corridor are shown to signed-in members.