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Chuck Bennett

info@nelsonproperty.com +1(778) 671-0969

$ 899,000

Est. payment -/mo

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116 BRANSTONE ROAD Toronto (caledonia-fairbank), ON M6E4E5

4 Beds

4 Baths

700 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 700 sqft

Price per Sqft $1,284

Subdivision Caledonia-Fairbank

MLS® Listing ID W12402111

Style Bungalow

Bedrooms 4

Property Sub-Type Freehold

Source Toronto Regional Real Estate Board

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! (id:24570)

Location

Province ON

Rooms

Kitchen 1.0

Extra Room 1 Main level 4.11 m X 2.74 m Living room

Extra Room 2 Main level 3.96 m X 262 m Dining room

Extra Room 3 Main level 3.96 m X 2.62 m Kitchen

Extra Room 4 Main level 3.23 m X 2.92 m Primary Bedroom

Extra Room 5 Main level 3.23 m X 3.04 m Bedroom 2

Interior

Heating Forced air

Cooling Central air conditioning

Flooring Laminate

Exterior

Parking Features Yes

Community Features Community Centre

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Story 1

Sewer Sanitary sewer

Architectural Style Bungalow

Others

Ownership Freehold

Listed by KELLER WILLIAMS REFERRED URBAN REALTY

Chuck Bennett

Managing Broker

+1(778) 671-0969

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Homes For Sale in Nelson, BC

Chuck Bennett

116 BRANSTONE ROAD Toronto (caledonia-fairbank), ON M6E4E5

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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116 BRANSTONE ROAD