116 Branstone RD new Save Request In-Person Tour Request Virtual Tour
Toronto W03,ON M6E 4E5
Key Details
Property Type Single Family Home, Condo
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
Subdivision Caledonia-Fairbank
MLS Listing ID W12402111
Style Bungalow
Bedrooms 4
Building Age 51-99
Annual Tax Amount $4,857
Tax Year 2024
Property Sub-Type Detached
Appx SqFt 700-1100
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!
Location
Province ON
County Toronto
Community Caledonia-Fairbank
Area Toronto
Rooms
Family Room No
Kitchen 3
Interior
Cooling Central Air
Exterior
Parking Features Mutual
Garage Spaces 2.0
Pool None
Roof Type Asphalt Shingle
Building
Foundation Concrete Block