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Stuart McKerrow pic stuart.mckerrow@gmail.com Sutton Group - Associates Realty Inc., Brokerage Independently owned and operated. pic 358 Davenport Road, Toronto, Ontario M5R 1K6 pic Office: 416-966-0300 | Fax: 416-966-0080 | Cell: 416-856-6810

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$899,000
Available - For Sale
Listing ID: W12402111
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!
Price $899,000
Taxes: $4,857
Assessment Year: 2024
Occupancy by: Vacant
Address: 116 Branstone Road , Toronto, M6E 4E5, Toronto
Directions/Cross Streets: Eglinton Ave W & Dufferin St
Rooms: 6
Rooms +: 2
Bedrooms: 2
Bedrooms +: 2
Washrooms: 4
Family Room: F
Basement: Apartment
Walk-Up
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Living Ro 13.48 8.99 Cathedral Ceiling(s), Pot Lights, Bay Window
Room 2: Main Dining Ro 12.99 859.36 Combined w/Kitchen, Pot Lights, Window
Room 3: Main Kitchen 12.99 8.59 Combined w/Dining, Pot Lights, Eat-in Kitchen
Room 4: Main Primary B 10.59 9.58 W/O To Yard, Closet
Room 5: Main Bedroom 2 10.59 9.97 Laminate, Window, Closet
No. of Pieces Level
Washroom 1:  3 Main
Washroom 2:  3 Basement
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Property Type: Detached
Style: Bungalow
Exterior: Brick
Garage Type: Detached
(Parking/)Drive: Mutual
Drive Parking Spaces: 2
Park #1
Parking Type: Mutual
Park #2
Parking Type: Mutual
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 700-1100
Property Features: Library
Place Of Worship
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
KELLER WILLIAMS REFERRED URBAN REALTY

116 Branstone Road , Toronto, M6E 4E5, Toronto

Personal Picture
Stuart McKerrow
Sales Representative
Dir:
416-856-6810
Bus:
416-966-0300
Fax:
416-966-0080

 
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At a Glance:
Type: Freehold - Detached
Area: Toronto
Municipality: Toronto W03
Neighbourhood: Caledonia-Fairbank
Style: Bungalow
Lot Size: x 122.20(Feet)
Approximate Age: 51-99
Tax: $4,857
Maintenance Fee: $0
Beds: 2+2
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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