Welcome to 25 Norwood Terrace, located in the highly sought-after Upper Beaches! This delightful duplex presents a great opportunity for first-time homebuyers, condo grads, or investors looking for an excellent income-generating property. Currently, both units are tenanted, with the upper unit leased since 2022 and the main floor unit starting in January 2025. This provides immediate rental income and makes it a fantastic addition to any investment portfolio. The layout can also be easily converted into a single-family home. The upper unit boasts a spacious bedroom, a bright open-concept living room and kitchen, and access to a charming balcony. The main floor and lower unit feature a bright living and dining area, ensuite laundry, and a sleek 3-piece bathroom. The modern kitchen leads to a deck and private backyard perfect for entertaining. The basement offers two additional bedrooms, a 4-piece ensuite bathroom, and plenty of storage space. Unwind on the inviting front porch and enjoy the tranquility of a quiet, tree-lined street. Conveniently located within walking distance of public transit (GO train and subway) and a local daycare, this move-in-ready home is zoned as a duplex per MPAC and has been virtually staged. Don't miss this incredible investment opportunity! (id:47421)
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Detailed Information
Bedrooms
1+2
Bathrooms
3
Lot
21 x 65 ft
Listing Contract Date
2025-01-06
Location Description
Main St/ Gerrard
Ownership Type
Freehold
Property Type
Single Family
Transaction Type
For sale
Building
Amenities
Separate Electricity Meters
Appliances
Dryer, Range, Refrigerator, Two stoves, Washer
Basement Development
Finished
Basement Type
N/A (Finished)
Construction Style (Attachment)
Detached
Exterior Finish
Brick Facing, Vinyl siding
Flooring Type
Hardwood, Ceramic
Foundation Type
Unknown
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
2
Type
House
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Living room
Second level
5 m x 4.65 m
Bedroom
Second level
3.99 m x 4.11 m
Kitchen
Second level
2.82 m x 2.64 m
Bedroom
Basement
2.46 m x 4.24 m
Bedroom 2
Basement
4.41 m x 3.76 m
Living room
Main level
2.92 m x 3.35 m
Dining room
Main level
2.92 m x 3.45 m
Kitchen
Ground level
3.23 m x 3.33 m
Land
Total Size
21.08 x 65 FT
Sewer
Sanitary sewer
Size of Irregular Land
21.08 x 65 FT
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