Description
Offers Welcome Anytime. A versatile semi-detached property that combines comfortable family living with incredible investment potential. Nestled in the sought-after waterfront community of New Toronto, this property's unique layout makes it an ideal choice for investors seeking dual income streams or multi-generational living. Main House Bright and inviting, the 3-bedroom main home boasts a sun-filled, open-concept living and dining area with large windows that flood the space with natural light. Two of the three bedrooms feature walk-out terraces, Income Property/Studio Suite The self-contained studio suite, with a separate entrance, is a turnkey income-generating asset. Featuring a combined living and sleeping area, a functional kitchen, and a full bathroom, the unit is currently rented month-to-month to a reliable long-term tenant. This suite provides consistent cash flow with minimal management, perfect for offsetting your mortgage or boosting your investment return. Additional Benefits - 4 laneway parking spaces, a rare and valuable feature in the area. - Steps from waterfront trails, parks, and vibrant Lakeshore amenities. - Conveniently located close to transit and major highways, providing easy access to downtown Toronto. Whether you're looking for steady cash flow or a property with long-term appreciation in a thriving community, this home delivers the perfect blend of comfortable living for tenants and a hassle-free investment for owners. Don't miss out on this opportunity.
Additional Details
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- Community
- New Toronto
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- Lot Size
- 16 X 118 Ft.
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- Approx Sq Ft
- 1500-2000
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- Building Type
- Semi-Detached
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- Building Style
- 2-Storey
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- Taxes
- $4284.58 (2024)
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- Garage Type
- None
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- Parking Space
- 4
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- Air Conditioning
- Central Air
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- Heating Type
- Forced Air
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- Kitchen
- 2
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- Basement
- Unfinished
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- Pool
- None
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- Listing Brokerage
- FOREST HILL REAL ESTATE INC.
Features
Virtual Tour
