4 Bedroom
2 Bathroom
700 - 1100 sqft
Bungalow
Central Air Conditioning
Forced Air
$1,588,888
For the investors, builders & visionaries to capitalize on a PREMIUM, 50 ft wide, extra DEEP lot at 175 ft APPROVED Zoning for a 4-unit apartment with potential for a 5th unit/garden suite. This will be a CASH COW with rental income as high as $11,000+ for all 4 units. With the garden suite, enjoy monthly income as high as $14,000. Cover your mortgage while applying for your building permit! Currently rented as a 3+1bed/2bath furnished as a single-family home with gross rent as high as $6000 monthly. Being sold fully furnished. Current home renovated in 2021 includes new kitchen, bathrooms, flooring, roof replaced within the last 6years. Newer furnace and AC. Walking distance to excellent schools, shopping, restaurants, TTC, gym & close to extremely quiet GO Train line, 401, 407, 404, DVP. Project eligible for CMHC low-interest financing to build 4plex w/garden suite. Rare, high-income-generating asset blends strong immediate cash flow with huge long-term appreciation potential. Whether you're an investor seeking passive income or a builder ready to maximize returns, this is an opportunity you cant afford to miss! (id:55499)
Property Details
MLS® Number
|
E12069634 |
Property Type
|
Single Family |
Community Name
|
L'Amoreaux |
Parking Space Total
|
3 |
Building
Bathroom Total
|
2 |
Bedrooms Above Ground
|
3 |
Bedrooms Below Ground
|
1 |
Bedrooms Total
|
4 |
Appliances
|
All, Dryer, Washer |
Architectural Style
|
Bungalow |
Basement Development
|
Finished |
Basement Features
|
Apartment In Basement |
Basement Type
|
N/a (finished) |
Construction Style Attachment
|
Detached |
Cooling Type
|
Central Air Conditioning |
Exterior Finish
|
Brick |
Flooring Type
|
Hardwood, Ceramic, Laminate |
Foundation Type
|
Block |
Heating Fuel
|
Natural Gas |
Heating Type
|
Forced Air |
Stories Total
|
1 |
Size Interior
|
700 - 1100 Sqft |
Type
|
House |
Utility Water
|
Municipal Water |
Parking
Land
Acreage
|
No |
Sewer
|
Septic System |
Size Depth
|
175 Ft |
Size Frontage
|
50 Ft |
Size Irregular
|
50 X 175 Ft |
Size Total Text
|
50 X 175 Ft |
Rooms
Level |
Type |
Length |
Width |
Dimensions |
Basement |
Bedroom |
3.3 m |
2.8 m |
3.3 m x 2.8 m |
Basement |
Kitchen |
3.35 m |
3.4 m |
3.35 m x 3.4 m |
Basement |
Living Room |
3.35 m |
7.13 m |
3.35 m x 7.13 m |
Main Level |
Living Room |
6.5 m |
4.5 m |
6.5 m x 4.5 m |
Main Level |
Dining Room |
6.5 m |
4.5 m |
6.5 m x 4.5 m |
Main Level |
Kitchen |
3.67 m |
3.15 m |
3.67 m x 3.15 m |
Main Level |
Primary Bedroom |
3.96 m |
3.3 m |
3.96 m x 3.3 m |
Main Level |
Bedroom 2 |
3.3 m |
3.08 m |
3.3 m x 3.08 m |
Main Level |
Bedroom 3 |
3.96 m |
2.92 m |
3.96 m x 2.92 m |
Utilities
https://www.realtor.ca/real-estate/28137580/5-bellefontaine-street-toronto-lamoreaux-lamoreaux