116 BRANSTONE ROAD Active Save Request In-Person Tour Request Virtual Tour
Toronto (caledonia-fairbank),ON M6E4E5
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 700 sqft
Price per Sqft $1,284
Subdivision Caledonia-Fairbank
MLS Listing ID W12402111
Style Bungalow
Bedrooms 4
Property Sub-Type Freehold
Source Toronto Regional Real Estate Board
Property Description
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:24570)
Location
Province ON
Rooms
Kitchen 1.0
Extra Room 1 Main level 4.11 m X 2.74 m Living room
Extra Room 2 Main level 3.96 m X 262 m Dining room
Extra Room 3 Main level 3.96 m X 2.62 m Kitchen
Extra Room 4 Main level 3.23 m X 2.92 m Primary Bedroom
Extra Room 5 Main level 3.23 m X 3.04 m Bedroom 2
Interior
Heating Forced air
Cooling Central air conditioning
Flooring Laminate
Exterior
Parking Features Yes
Community Features Community Centre
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Story 1
Sewer Sanitary sewer
Architectural Style Bungalow
Others
Ownership Freehold