Incredible Investment Opportunity! All brick bungalow with legal secondary unit in prime rental location! Amazing cashflow grossing over $6,200/M! 3 Bed 1 bath upper unit and unique 3 bed 3 bath lower unit. Upper unit features 3 spacious bedrooms, a large living room, updated kitchen and 4pc bath. The lower level apartment is uniquely designed with a common full kitchen & 3 spacious bedrooms each with a wet bar and full ensuite bath bringing in nearly $3,800/M in rental income. Bus service at your doorstep, minutes walk to Algonquin and all the amenities of College Square & Merivale Rd. Great access to the highway for easy commuting by car, bus or bike! Amazing future development potential on this 50ft x 98ft lot. New proposed zoning of MS2 (Mainstreet Zone 2) allowing for a large multi unit mixed use building. Turn key investment property- enjoy great cashflow while watching your land value soar in the years to come! (id:48755)
| MLS® Number | X12495026 |
| Property Type | Single Family |
| Community Name | 7301 - Meadowlands/St. Claire Gardens |
| Features | In-law Suite |
| Parking Space Total | 6 |
| Bathroom Total | 4 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 3 |
| Bedrooms Total | 6 |
| Amenities | Separate Electricity Meters |
| Appliances | Dishwasher, Dryer, Hood Fan, Microwave, Two Stoves, Washer, Two Refrigerators |
| Architectural Style | Bungalow |
| Basement Features | Apartment In Basement, Separate Entrance |
| Basement Type | N/a, N/a |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Foundation Type | Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 1100 - 1500 Sqft |
| Type | House |
| Utility Water | Municipal Water |
| No Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 98 Ft |
| Size Frontage | 50 Ft |
| Size Irregular | 50 X 98 Ft |
| Size Total Text | 50 X 98 Ft |
| Zoning Description | Residential |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Bedroom | 4.81 m | 3.8 m | 4.81 m x 3.8 m |
| Basement | Bathroom | 2.27 m | 1.63 m | 2.27 m x 1.63 m |
| Basement | Bedroom | 4.34 m | 3.93 m | 4.34 m x 3.93 m |
| Basement | Bathroom | 2.08 m | 2.02 m | 2.08 m x 2.02 m |
| Basement | Utility Room | 3.14 m | 2.08 m | 3.14 m x 2.08 m |
| Basement | Laundry Room | 2.02 m | 1.06 m | 2.02 m x 1.06 m |
| Basement | Kitchen | 4.96 m | 2.97 m | 4.96 m x 2.97 m |
| Basement | Bedroom | 5.24 m | 3.36 m | 5.24 m x 3.36 m |
| Basement | Bathroom | 2.15 m | 1.63 m | 2.15 m x 1.63 m |
| Main Level | Living Room | 6.72 m | 3.39 m | 6.72 m x 3.39 m |
| Main Level | Kitchen | 3.93 m | 3.8 m | 3.93 m x 3.8 m |
| Main Level | Primary Bedroom | 3.8 m | 3.75 m | 3.8 m x 3.75 m |
| Main Level | Bedroom | 3.75 m | 2.74 m | 3.75 m x 2.74 m |
| Main Level | Bedroom | 3.12 m | 2.74 m | 3.12 m x 2.74 m |
| Main Level | Bathroom | 2.39 m | 1.68 m | 2.39 m x 1.68 m |
Contact us for more information
Nick Lalonde
Salesperson
(866) 530-7737
(647) 849-3180
www.exprealty.ca/