$899,000
Available - For Sale
Listing ID: W12402111
116 Branstone Road , Toronto, M6E 4E5, Toronto


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!
Price $899,000
Taxes: $4857.00
Assessment Year: 2024
Occupancy: Vacant
Address: 116 Branstone Road , Toronto, M6E 4E5, Toronto
Directions/Cross Streets: Eglinton Ave W & Dufferin St
Rooms: 6
Rooms +: 2
Bedrooms: 2
Bedrooms +: 2
Family Room: F
Basement: Apartment, Walk-Up
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Living Ro 13.48 8.99 Cathedral Ceiling(s), Pot Lights, Bay Window
Room 2 Main Dining Ro 12.99 859.36 Combined w/Kitchen, Pot Lights, Window
Room 3 Main Kitchen 12.99 8.59 Combined w/Dining, Pot Lights, Eat-in Kitchen
Room 4 Main Primary B 10.59 9.58 W/O To Yard, Closet
Room 5 Main Bedroom 2 10.59 9.97 Laminate, Window, Closet
Washroom Type No. of Pieces Level
Washroom Type 1 3 Main
Washroom Type 2 3 Basement
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Approximatly Age: 51-99
Property Type: Detached
Style: Bungalow
Exterior: Brick
Garage Type: Detached
(Parking/)Drive: Mutual
Drive Parking Spaces: 2
Park #1
Parking Type: Mutual
Park #2
Parking Type: Mutual
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 700-1100
Property Features: Library, Place Of Worship
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
KELLER WILLIAMS REFERRED URBAN REALTY
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Ritu Anand
Broker
Dir:
647-287-4515
Bus:
905-454-1100
Fax:
905-277-0020
 
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At a Glance:
Type: Freehold - Detached
Area: Toronto
Municipality: Toronto W03
Neighbourhood: Caledonia-Fairbank
Style: Bungalow
Lot Size: x 122.20(Feet)
Approximate Age: 51-99
Tax: $4,857
Maintenance Fee: $0
Beds: 2+2
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
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