Welcome to 391 East 16th Street-The Perfect Mortgage Helper on Hamilton Mountain!Nestled in a quiet cul-de-sac in a highly sought-after neighborhood, this charming 3-bedroom bungalow offers a brilliant opportunity for smart homeownership: live comfortably on the main level while the fully equipped basement suite helps pay your mortgage.Your Main Floor SanctuaryThe bright and inviting main floor is completely move-in ready and designed for comfortable living. It features three spacious bedrooms flooded with natural light, offering a highly functional layout that is perfect for relaxing, working from home, or starting a family.The Income SuiteMaximize your investment with the fully finished lower level. Complete with a private, separate entrance, a second kitchen, and a large living area, this space is perfectly laid out to attract a quality tenant. It's a turnkey setup for generating reliable rental income to offset your living expenses.Outdoor Living & LocationSet on a generous pie-shaped lot, the property offers a fantastic backyard space for gardening, entertaining, or simply unwinding. A covered concrete patio allows you to enjoy the outdoors regardless of the weather, while the detached garage provides secure parking and extra storage.Because it sits in a peaceful cul-de-sac with minimal traffic, this home provides a quiet haven while still keeping you close to everything. You are just minutes away from schools, parks, shopping, public transit, and major highways for an easy commute.Lovingly maintained with quality finishes, 391 East 16th Street is a rare find that combines a wonderful place to live with a savvy financial advantage. Don't miss your chance to own this gem! (id:47421)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Bedrooms
3+1
Bathrooms
2
Lot
41.17 x 145.5 ft
Amenities Nearby
Public Transit
Community Features
Community Centre
Equipment
Water Heater
Features
Cul-de-sac, Level lot, Level, In-Law Suite
Listing Contract Date
2026-03-25
Location Description
Cross Streets: Fennell Ave and Upper Wellington St. ** Directions: South of Fennell Ave East of Upper Wellington St.
Ownership Type
Freehold
# of Parking Spaces
2
Property Type
Single Family
Rental Equipment
Water Heater
Structures
Deck, Patio(s), Shed
Transaction Type
For sale
Zoning Description
Residential C
Building
Age
51 to 99 years
Appliances
Water meter, Dishwasher, Dryer, Hood Fan, Stove, Washer, Refrigerator
Architectural Style
Bungalow
Basement Development
Finished
Basement Features
Separate entrance, Walk-up, Apartment in basement
Basement Type
N/A, N/A, N/A (Finished), N/A
Construction Style (Attachment)
Detached
Cooling Type
Central air conditioning
Exterior Finish
Brick Veneer
Foundation Type
Block
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
1
Type
House
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Bathroom
Basement
Measurements not available
Bedroom
Basement
3.96 m x 3.66 m
Recreational, Games room
Basement
6.71 m x 3.96 m
Kitchen
Basement
3.66 m x 3.35 m
Laundry room
Basement
3.05 m x 3.05 m
Living room
Main level
6.71 m x 3.78 m
Kitchen
Main level
3.2 m x 2.74 m
Bedroom
Main level
3.96 m x 3.66 m
Bedroom 2
Main level
3.17 m x 2.44 m
Bedroom 3
Main level
3.35 m x 3.2 m
Bathroom
Main level
Measurements not available
Parking Spaces
Name
Spaces
No Garage
Land
Total Size
41.2 x 145.5 FT | under 1/2 acre
Amenities
Public Transit
Fence Type
Fully Fenced, Fenced yard
Landscape Features
Landscaped
Sewer
Sanitary sewer
Size of Irregular Land
41.2 x 145.5 FT
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