For the investors, builders & visionaries to capitalize on a PREMIUM, 50 ft wide, extra DEEP lot at 175 ft APPROVED Zoning for a 4-unit apartment with potential for a 5th unit/garden suite. This will be a CASH COW with rental income as high as $11,000+ for all 4 units. With the garden suite, enjoy monthly income as high as $14,000. Cover your mortgage while applying for your building permit! Currently rented as a 3+1bed/2bath furnished as a single-family home with gross rent as high as $6000 monthly. Being sold fully furnished. Current home renovated in 2021 includes new kitchen, bathrooms, flooring, roof replaced within the last 6years. Newer furnace and AC. Walking distance to excellent schools, shopping, restaurants, TTC, gym & close to extremely quiet GO Train line, 401, 407, 404, DVP. Project eligible for CMHC low-interest financing to build 4plex w/garden suite. Rare, high-income-generating asset blends strong immediate cash flow with huge long-term appreciation potential. Whether you're an investor seeking passive income or a builder ready to maximize returns, this is an opportunity you cant afford to miss! |
Price | $1,588,888 |
Taxes: | $4900.00 |
Occupancy: | Tenant |
Address: | 5 Bellefontaine Stre , Toronto, M1S 1J6, Toronto |
Directions/Cross Streets: | Kennedy/Finch |
Rooms: | 6 |
Rooms +: | 4 |
Bedrooms: | 3 |
Bedrooms +: | 1 |
Family Room: | F |
Basement: | Apartment, Finished |
Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
Room 1 | Main | Living Ro | 21.32 | 14.76 | Hardwood Floor, Combined w/Dining |
Room 2 | Main | Dining Ro | 21.32 | 14.76 | Hardwood Floor, Combined w/Living |
Room 3 | Main | Kitchen | 12.04 | 10.33 | Ceramic Floor, W/O To Deck |
Room 4 | Main | Primary B | 12.99 | 10.82 | Hardwood Floor, Closet |
Room 5 | Main | Bedroom 2 | 10.82 | 10.1 | Hardwood Floor, Closet |
Room 6 | Main | Bedroom 3 | 12.99 | 9.58 | Hardwood Floor, Closet |
Room 7 | Basement | Bedroom | 10.82 | 9.18 | Laminate, Closet |
Room 8 | Basement | Kitchen | 10.99 | 11.15 | |
Room 9 | Basement | Living Ro | 10.99 | 23.39 |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 3 | Main |
Washroom Type 2 | 3 | Basement |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Total Area: | 0.00 |
Property Type: | Detached |
Style: | Bungalow |
Exterior: | Brick |
Garage Type: | Carport |
(Parking/)Drive: | Private |
Drive Parking Spaces: | 3 |
Park #1 | |
Parking Type: | Private |
Park #2 | |
Parking Type: | Private |
Pool: | None |
Approximatly Square Footage: | 700-1100 |
CAC Included: | N |
Water Included: | N |
Cabel TV Included: | N |
Common Elements Included: | N |
Heat Included: | N |
Parking Included: | N |
Condo Tax Included: | N |
Building Insurance Included: | N |
Fireplace/Stove: | N |
Heat Type: | Forced Air |
Central Air Conditioning: | Central Air |
Central Vac: | N |
Laundry Level: | Syste |
Ensuite Laundry: | F |
Sewers: | Septic |
Utilities-Hydro: | Y |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RIGHT AT HOME REALTY |
|
Book Showing | Email a Friend |
Type: | Freehold - Detached |
Area: | Toronto |
Municipality: | Toronto E05 |
Neighbourhood: | L'Amoreaux |
Style: | Bungalow |
Tax: | $4,900 |
Beds: | 3+1 |
Baths: | 2 |
Fireplace: | N |
Pool: | None |