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$ 899,000
Est. payment /mo
Active
116 Branstone RD Toronto W03, ON M6E 4E5
4 Beds
4 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
Subdivision Caledonia-Fairbank
MLS Listing ID W12402111
Style Bungalow
Bedrooms 4
Annual Tax Amount $4,857
Tax Year 2024
Property Sub-Type Detached
Property Description
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!
Location
Province ON
County Toronto
Community Caledonia-Fairbank
Area Toronto
Rooms
Basement Apartment, Walk-Up
Kitchen 3
Interior
Interior Features Carpet Free, Primary Bedroom - Main Floor
Cooling Central Air
Inclusions Fridge, Stove, Dishwasher, Washer, Dryer
Exterior
Parking Features Detached
Garage Spaces 2.0
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 4
Building
Building Age 51-99
Foundation Concrete Block
Others
ParcelsYN No
Lited by KELLER WILLIAMS REFERRED URBAN REALTY
