$899,000 | Caledonia-Fairbank Toronto House for Sale at 116 Branstone Road Toronto

Explore 116 Branstone Road, a Desirable Caledonia-Fairbank home for sale for $899,000! This Caledonia-Fairbank Bungalow House for sale in Toronto has been listed on Real-Estate.ca for 27 days under MLS® #W12402111. This home is a 700 square foot Bungalow Single Family House with 4 bedrooms and 4.00 bathrooms. Parking is Detached Garage, Garage. Explore the Toronto real estate market and available Caledonia-Fairbank homes for sale!

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! (id:6289)

Caledonia-Fairbank Map, Demographics, Characteristics