Description
Could this be your chance to step onto the investment ladder or maybe a smart move for a move-up buyer where you live in one unit and rent the other two? Located in a nice central location but at the end of a dead-end street, this property offers not only three legal units but a good-sized yard. Could you add a fourth unit? The original house has been converted into two apartments, with the upper unit having been recently fully renovated and the basement unit offering a good-sized living space. This property also has a fully detached one-bed garden suite with a long-term tenant who would like to stay. This lot is large by today's standards, offering a 67 x 165 feet yard. Plenty of space for the budding entrepreneur. There is also a commercial-grade coin-operated washer and dryer for extra income. Close by is access to Highway 400, Anne Street and Essa Road. The property is approximately a 10-minute walk to Kempenfelt Bay with everything that a fantastic beach setting has to offer. You could also walk to the Downtown GO station in approximately 10 minutes, providing many commuting options to Toronto. The property has been well managed, and there are no issues with the current Tenants. Full financials are available, including proof of the legality of the three units.
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4BEDS
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< .50 AcresACRES
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3BATHS
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01/2 BATHS
School Ratings & Info
Description
Could this be your chance to step onto the investment ladder or maybe a smart move for a move-up buyer where you live in one unit and rent the other two? Located in a nice central location but at the end of a dead-end street, this property offers not only three legal units but a good-sized yard. Could you add a fourth unit? The original house has been converted into two apartments, with the upper unit having been recently fully renovated and the basement unit offering a good-sized living space. This property also has a fully detached one-bed garden suite with a long-term tenant who would like to stay. This lot is large by today's standards, offering a 67 x 165 feet yard. Plenty of space for the budding entrepreneur. There is also a commercial-grade coin-operated washer and dryer for extra income. Close by is access to Highway 400, Anne Street and Essa Road. The property is approximately a 10-minute walk to Kempenfelt Bay with everything that a fantastic beach setting has to offer. You could also walk to the Downtown GO station in approximately 10 minutes, providing many commuting options to Toronto. The property has been well managed, and there are no issues with the current Tenants. Full financials are available, including proof of the legality of the three units.