New 5-Bedroom custom home with a large 3-bedroom/2-bathroom rear coach house (laneway suite) that will supplement your income by approximately $45,000 per year. The coach house is currently leased for $3,745/month. Live in a luxury custom finished home while receiving this considerable rental income care-free. The Coach house is also ideal as an 'in-law suite' for multi-generational households, and is uniquely separated into two living spaces (one on each level) by keyed doors. The coachhouse kitchen is located on the second floor with an additional kitchen rough-in on the main floor. The primary home has a rare 5 bedrooms and 5 bathrooms, and is perfect for a large family or those looking for 4 bedrooms plus an office. Powder Room, Custom-built eat-in kitchen with floor to ceiling pantry for ample storage. Oversized Master Bedroom With tons of natural light, His and Her Custom millwork Closets, and oversized master bedroom ensuite with Free-Standing Tub, Double Vanity and an oversized glass shower. Third floor covered balcony with Private backyard, large deck and rear basement walkout. The primary home may also be retrofitted for a future basement apartment as it is separated from the main floor and is equipped with a separate exterior entrance, 2 bedrooms and a laundry/kitchen rough-in. This would allow a future owner to receive additional rental income from a large 2 bedroom basement apartment in addition to substantial rental income from the detached coach house. This home is located steps to Cedarvale Park, Leo Baeck Day School and Eglinton Station/Crosstown. Construction completed in June 2023 so it is not subject to Ontario rent increase limits. Speak to your mortgage broker for information on qualifying for a mortgage using supplemental rental income from secondary suites. (id:47421)
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Detailed Information
Bedrooms
8+2
Bathrooms
5
Lot
25 x 120 ft
Features
Lane
Listing Contract Date
2024-11-26
Location Description
Eglinton Ave. W. & Allen Road
Ownership Type
Freehold
# of Parking Spaces
1
Property Type
Single Family
Transaction Type
For sale
Building
Appliances
Window Coverings
Basement Development
Finished
Basement Features
Walk out
Basement Type
N/A (Finished)
Construction Style (Attachment)
Detached
Cooling Type
Central air conditioning
Exterior Finish
Brick, Stucco
Foundation Type
Poured Concrete
# of Half Bathrooms
1
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
3
Type
House
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Garage
Land
Total Size
25 x 120 FT ; Includes Coach House / Laneway Suite
Sewer
Sanitary sewer
Size of Irregular Land
25 x 120 FT ; Includes Coach House / Laneway Suite
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