116 Branstone RD new Save Request In-Person Tour Request Virtual Tour
Toronto W03,ON M6E 4E5
Key Details
Property Type Single Family Home
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
Annual Tax Amount $4,857
Tax Year 2024
Property Sub-Type Detached
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
Basement Apartment,Walk-Up
Kitchen 3
Separate Den/Office 2
Interior
Interior Features Carpet Free,Primary Bedroom - Main Floor
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Mutual
Garage Spaces 2.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 20.0
Lot Depth 122.2
Total Parking Spaces 4
Building
Building Age 51-99
Unit Features Library,Place Of Worship,Public Transit,School,Rec./Commun.Centre
Foundation Concrete Block
Others
ParcelsYN No