3 Beds 2 Bath

5 Bellefontaine Street, Toronto, ON M1S 1J6

Toronto E05 M1S 1J6 Ontario

MLS: E12069634

$1,588,888

Added 35 days ago | For Sale

Listed by: RIGHT AT HOME REALTY

About Property

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!

Features

  • House Style:Detached
  • Bathrooms:2
  • Land Size: 50 X 175
  • Water:Municipal
  • Garage Spaces: /Carport
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Kennedy/Finch
  • Basement:Apartment,Finished , Apartment,Finished
  • Possession Date:TBA
  • Annual Property taxes: $4900
  • Bedrooms:3 +1
  • Total Parking Spaces:3
  • Parking Places:3
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:East
  • Front Footage:
  • Listing ID:E12069634

Level Type Features Dimensions
Main Living Room Hardwood Floor, Combined w/Dining 21 ft, 4 in x 14 ft, 9 in
Dining Room Hardwood Floor, Combined w/Living 21 ft, 4 in x 14 ft, 9 in
Kitchen Ceramic Floor, W/O To Deck 12 ft x 10 ft, 4 in
Primary Bedroom Hardwood Floor, Closet 13 ft x 10 ft, 10 in
Bedroom 2 Hardwood Floor, Closet 10 ft, 10 in x 10 ft, 1 in
Bedroom 3 Hardwood Floor, Closet 13 ft x 9 ft, 7 in
Basement Bedroom Laminate, Closet 10 ft, 10 in x 9 ft, 2 in
Kitchen 11 ft x 11 ft, 2 in
Living Room 11 ft x 23 ft, 5 in

No property rooms available.

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 info@housekarma.ca
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