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$1,588,888
5 BELLEFONTAINE STREET
Toronto, Ontario, Ontario, M1S1J6
MLS® Number: E12069634
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!
Building information
Type
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Appliances
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Architectural Style
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Basement Development
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Basement Features
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Basement Type
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Construction Style Attachment
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Cooling Type
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Exterior Finish
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Flooring Type
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Foundation Type
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Heating Fuel
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Heating Type
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Size Interior
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Stories Total
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Utility Water
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Land information
Sewer
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Size Depth
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Size Frontage
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Size Irregular
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Size Total
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Rooms
Main level
Bedroom 3
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Bedroom 2
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Primary Bedroom
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Kitchen
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Dining room
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Living room
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Basement
Living room
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Kitchen
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Bedroom
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Main level
Bedroom 3
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Bedroom 2
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Primary Bedroom
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Kitchen
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Dining room
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Living room
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Basement
Living room
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Kitchen
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Bedroom
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Courtesy of RIGHT AT HOME REALTY
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