Attention Investors & Savvy Homebuyers! Rare opportunity to secure a high-yield, semi-detached fully renovated raised bungalow in the highly coveted Erindale pocket. Featuring a Partial vacant, legal-style 3+2 bedroom layout with 3 total bathrooms and a completely separate basement entrance. This property is an absolute cash-flow machine boasting a projected 6.4%+ Cap Rate and an estimated $57,600/year in gross rental income. The bright and spacious upper level features vinyl floors, an upgraded eat-in kitchen, and a primary bedroom with a rare 3-piece ensuite. The lower level offers a massive, fully self-contained 2-bedroom suite with its own kitchen, full bath, separate laundry, and large above-grade windows-perfect for premium student rentals or multi-generational living. Location is everything: Walk to the University of Toronto Mississauga (UTM), Erindale Park, top-rated schools, and direct transit to Square One. Whether you want to live upstairs and let the basement pay your mortgage, or rent both units for maximum ROI, turn-key properties with this kind of math do not last. Do not miss this one! (id:61852)
| MLS® Number | W13452068 |
| Property Type | Single Family |
| Neigbourhood | Erindale Woodlands |
| Community Name | Erindale |
| AmenitiesNearBy | Park, Public Transit, Schools, Place Of Worship |
| CommunityFeatures | Community Centre |
| EquipmentType | Water Heater |
| Features | Carpet Free |
| ParkingSpaceTotal | 4 |
| RentalEquipmentType | Water Heater |
| Structure | Patio(s), Porch, Shed |
| BathroomTotal | 3 |
| BedroomsAboveGround | 3 |
| BedroomsBelowGround | 2 |
| BedroomsTotal | 5 |
| Appliances | Dishwasher, Dryer, Microwave, Two Stoves, Two Washers, Window Coverings, Two Refrigerators |
| ArchitecturalStyle | Raised Bungalow |
| BasementDevelopment | Finished |
| BasementFeatures | Walk Out, Separate Entrance |
| BasementType | N/a (finished), N/a |
| ConstructionStyleAttachment | Semi-detached |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick |
| FlooringType | Hardwood, Ceramic, Laminate |
| FoundationType | Brick |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 1 |
| SizeInterior | 1100 - 1500 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
| Garage |
| Acreage | No |
| FenceType | Fully Fenced, Fenced Yard |
| LandAmenities | Park, Public Transit, Schools, Place Of Worship |
| Sewer | Sanitary Sewer |
| SizeDepth | 120 Ft |
| SizeFrontage | 35 Ft ,9 In |
| SizeIrregular | 35.8 X 120 Ft |
| SizeTotalText | 35.8 X 120 Ft |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Kitchen | 3.48 m | 3.22 m | 3.48 m x 3.22 m |
| Basement | Bedroom 4 | 3.9 m | 2.21 m | 3.9 m x 2.21 m |
| Basement | Bedroom 5 | 3.47 m | 3.1 m | 3.47 m x 3.1 m |
| Basement | Den | 3.1 m | 2.41 m | 3.1 m x 2.41 m |
| Ground Level | Living Room | 4.61 m | 4.04 m | 4.61 m x 4.04 m |
| Ground Level | Dining Room | 3.1 m | 2.66 m | 3.1 m x 2.66 m |
| Ground Level | Kitchen | 4.97 m | 2.9 m | 4.97 m x 2.9 m |
| Ground Level | Primary Bedroom | 4.35 m | 3.1 m | 4.35 m x 3.1 m |
| Ground Level | Bedroom 2 | 3.92 m | 2.98 m | 3.92 m x 2.98 m |
| Ground Level | Bedroom 3 | 2.76 m | 2.45 m | 2.76 m x 2.45 m |
https://www.realtor.ca/real-estate/29911706/3361-the-credit-woodlands-mississauga-erindale-erindale
Contact us for more information
Harris Durrani
Broker
Khuzaima Durrani
Salesperson