Nikolay and Tatiana Team


LOADING

5 Bellefontaine Street Toronto (L'amoreaux), Ontario M1S 1J6

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

Carport
Garage

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 Dimensions
Basement Bedroom 3.3 m x 2.8 m
Basement Kitchen 3.35 m x 3.4 m
Basement Living Room 3.35 m x 7.13 m
Main Level Living Room 6.5 m x 4.5 m
Main Level Dining Room 6.5 m x 4.5 m
Main Level Kitchen 3.67 m x 3.15 m
Main Level Primary Bedroom 3.96 m x 3.3 m
Main Level Bedroom 2 3.3 m x 3.08 m
Main Level Bedroom 3 3.96 m x 2.92 m

Utilities

Sewer Available

https://www.realtor.ca/real-estate/28137580/5-bellefontaine-street-toronto-lamoreaux-lamoreaux

Interested?

Contact us for more information


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