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116 Branstone Road Toronto, Ontario M6E 4E5

4 Bedroom 4 Bathroom 700 - 1100 sqft
Bungalow Central Air Conditioning Forced Air

$899,000

Incredible First-Time Buyer or Investment Opportunity! Fully renovated in 2020, this 2-bedroom bungalow is the perfect condo alternative with huge income potential! The main floor features an open concept layout with a spacious kitchen, living, and dining area. The primary bedroom offers a separate backyard entrance and sliding glass door, ideal for adding a future deck to boost the outdoor space. Second bedroom can be used as a flexible office space! The basement is already divided into 2 self-contained bachelor units, each with their own kitchen & bathroom. With the easy potential to convert the main floor into 2 separate units (potential bachelor apartment at the rear of the property) with independent access, this property can be transformed into a 4-unit cash-flow machine. Sitting on a pie-shaped lot that widens to 45 ft at the rear and complete with a detached double garage, this home offers both functionality and future value. Located within walking distance to the upcoming Eglinton LRT, this property is perfect for first-time buyers seeking mortgage help or investors looking to maximize rental income in a prime, transit-accessible location. Capitalize on current market rents (vacant units ready for new tenants)... Projected Rents: Main Floor $2400; Basement 1: $1300; Basement 2: $1300... Estimated $4800-5000 monthly income when fully tenanted! (id:61852)

Property Details

MLS® Number W12402111
Property Type Single Family
Neigbourhood Caledonia-Fairbank
Community Name Caledonia-Fairbank
AmenitiesNearBy Place Of Worship, Public Transit, Schools
CommunityFeatures Community Centre
EquipmentType None
Features Carpet Free
ParkingSpaceTotal 4
RentalEquipmentType None

Building

BathroomTotal 4
BedroomsAboveGround 2
BedroomsBelowGround 2
BedroomsTotal 4
Age 51 To 99 Years
Appliances Dishwasher, Dryer, Stove, Washer, Refrigerator
ArchitecturalStyle Bungalow
BasementFeatures Apartment In Basement, Walk-up
BasementType N/a
ConstructionStyleAttachment Detached
CoolingType Central Air Conditioning
ExteriorFinish Brick
FlooringType Laminate
FoundationType Block
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 1
SizeInterior 700 - 1100 Sqft
Type House
UtilityWater Municipal Water

Parking

Detached Garage
Garage

Land

Acreage No
LandAmenities Place Of Worship, Public Transit, Schools
Sewer Sanitary Sewer
SizeDepth 122 Ft ,2 In
SizeFrontage 20 Ft
SizeIrregular 20 X 122.2 Ft ; Widens To 44.56 Ft At Rear
SizeTotalText 20 X 122.2 Ft ; Widens To 44.56 Ft At Rear

Rooms

Level Type Dimensions
Main Level Living Room 4.11 m x 2.74 m
Main Level Dining Room 3.96 m x 262 m
Main Level Kitchen 3.96 m x 2.62 m
Main Level Primary Bedroom 3.23 m x 2.92 m
Main Level Bedroom 2 3.23 m x 3.04 m

https://www.realtor.ca/real-estate/28859612/116-branstone-road-toronto-caledonia-fairbank-caledonia-fairbank

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Daniel Perri
Salesperson


Keller Williams Referred Urban Realty
156 Duncan Mill Rd Unit 1
Toronto, Ontario M3B 3N2

Fernando Perri
Broker


Keller Williams Referred Urban Realty
156 Duncan Mill Rd Unit 1
Toronto, Ontario M3B 3N2

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