Inviting Bungalow with Lucrative Rental Potential Nestled in a prime location, this spacious bungalow presents a compelling opportunity for discerning buyers and savvy investors. Boasting a total of 5 bedrooms and 2 full bathrooms, the property is thoughtfully designed to maximize functionality and income potential. Main Floor Highlights: 3 generously-sized bedrooms Expansive open living spaces Full bathroom for added convenience Updated features enhance the overall appeal Income-Generating Basement Suite: Legal 2-bedroom basement suite Additional full bathroom Rental potential of $1400/month, providing a steady income stream Optimized Rental Income: Combined potential rental income of $3500/month Appealing to mature tenants or investors seeking a lucrative opportunity Proximity to SIAST trade school enhances rental appeal RM3 zoning for future options Strategic Location: Ideal for tenants working or studying downtown Future entertainment district proximity adds to long-term value Convenient access to SIAST trade school for a diverse tenant pool Priced to Sell: Competitive pricing for a quick and attractive investment Balance of updates and value, ensuring a wise investment for the future Serious investors and mature buyers will appreciate the thoughtful layout, rental potential, and strategic location of this property. Don't miss the chance to acquire a residence that harmonizes practicality with investment foresight. (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
5
Bathrooms
2
Lot
25 x 0 ft
Listing Contract Date
2024-09-26
Ownership Type
Freehold
Property Type
Single Family
Structures
Deck
Transaction Type
For sale
Building
Appliances
Washer, Refrigerator, Dryer, Stove
Architectural Style
Bungalow
Basement Development
Finished
Basement Type
Full (Finished)
Constructed Date
1928
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
1
Type
House
Rooms
Room
Level
Dimensions
Notes
Living room
Basement
9 ft x 13 ft
Bedroom
Basement
9 ft x 12 ft
4pc Bathroom
Basement
Measurements not available
Kitchen
Basement
8 ft x 17 ft
Bedroom
Basement
8 ft x 9 ft
Living room
Main level
12 ft x 15 ft
Bedroom
Main level
10 ft x 11 ft
Bedroom
Main level
8 ft x 10 ft
Kitchen
Main level
12 ft x 15 ft
Bedroom
Main level
10 ft x 11 ft
4pc Bathroom
Main level
Measurements not available
Dining room
Main level
10 ft x 10 ft
Parking Spaces
Name
Spaces
Parking Space(s)
3
Land
Total Size
3985 square feet
Fence Type
Fence
Size of Irregular Land
3985.00
Terms of Use
Please review and agree to the following terms of use to access the listing content:
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA;
The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy;
This website is operated by a brokerage or salesperson who is a member of CREA;
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
