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 a3+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:4069)
Address
5 BELLEFONTAINE STREET
List Price
$1,498,888
Property Type
Single Family
Type of Dwelling
House
Style of Home
Bungalow
Area
Ontario
Sub-Area
Toronto (lamoreaux)
Bedrooms
4
Bathrooms
2
Floor Area
7,001,100 Sq. Ft.
Lot Size
50 x 175 FT Sq. Ft.
MLS® Number
E12245586
Listing Brokerage
RIGHT AT HOME REALTY
Basement Area
N/A (Finished)
Postal Code
M1S1J6
