Incredible First-Time Buyer or Investment Opportunity! Fully renovated in 2020, this 2-bedroom bungalow is the perfect condo alternative with huge income potential! The main floor features an open concept layout with a spacious kitchen, living, and dining area. The primary bedroom offers a separate backyard entrance and sliding glass door, ideal for adding a future deck to boost the outdoor space. Second bedroom can be used as a flexible office space! The basement is already divided into 2 self-contained bachelor units, each with their own kitchen & bathroom. With the easy potential to convert the main floor into 2 separate units (potential bachelor apartment at the rear of the property) with independent access, this property can be transformed into a 4-unit cash-flow machine. Sitting on a pie-shaped lot that widens to 45 ft at the rear and complete with a detached double garage, this home offers both functionality and future value. Located within walking distance to the upcoming Eglinton LRT, this property is perfect for first-time buyers seeking mortgage help or investors looking to maximize rental income in a prime, transit-accessible location. Capitalize on current market rents (vacant units ready for new tenants). .. Projected Rents: Main Floor $2400; Basement 1: $1300; Basement 2: $1300.. . Estimated $4800-5000 monthly income when fully tenanted!
As the MLS and public records start to fill up, we'll list the details here.
Public record
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Last updated by owner on Aug 9, 2023.
Property details
Public facts
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Style: Single Family Residential
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Home facts updated by public records on Aug 9, 2023
Around this home
Schools
0.3km
Fairbank Memorial Community School
Public, JK-5 • Assigned
1.8km
York Memorial Collegiate Institute
Public, 9-12 • Assigned
Provided by Local Logic
Lifestyle
Provided by Walk Score and Local Logic
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