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$ 1,588,888
Est. payment /mo
Active
5 Bellefontaine ST Toronto E05, ON M1S 1J6
3 Beds
2 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
Subdivision L'Amoreaux
MLS Listing ID E12069634
Style Bungalow
Bedrooms 3
Annual Tax Amount $4,900
Tax Year 2024
Property Sub-Type Detached
Property 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!
Location
State ON
County Toronto
Community L'Amoreaux
Area Toronto
Rooms
Family Room No
Basement Apartment, Finished
Kitchen 2
Separate Den/Office 1
Interior
Interior Features None
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Private
Garage Spaces 1.0
Pool None
Roof Type Unknown,Shingles
Lot Frontage 50.0
Lot Depth 175.0
Total Parking Spaces 3
Building
Foundation Concrete Block
Listed by RIGHT AT HOME REALTY