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$ 1,588,888

5 Bellefontaine Street, Toronto, ON M1S 1J6

Toronto E05, ON, M1S 1J6

MLS® Number : E12069634

4 Beds / 2 Baths / 3 Parking

Lot Front: 50 Feet / Lot Depth: 175 Feet

Description

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!

Extras

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Property Type

Detached

Neighbourhood

L'Amoreaux

Garage Spaces

3

Property Taxes

$ 4,900

Area

Toronto

Additional Details

Building

Bedrooms

4

Bathrooms

2

Utilities

Water

Municipal

Sewer

Septic

Features

Kitchen

2

Family Room

No

Basement

Apartment, Finished

Fireplace

No

External Features

External Finish

Brick

Property Features

Cooling And Heating

Cooling Type

Central Air

Heating Type

Forced Air

Bungalows Information

Days On Market

0 Days

Rooms

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Imperial

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