Attention Investors & Savvy Homebuyers! Rare opportunity to secure a high-yield, semi-detached fully renovated raised bungalow in the highly coveted Erindale pocket. Featuring a Partial vacant, legal-style 3+2 bedroom layout with 3 total bathrooms and a completely separate basement entrance. This property is an absolute cash-flow machine boasting a projected 6.4%+ Cap Rate and an estimated $57,600/year in gross rental income. The bright and spacious upper level features vinyl floors, an upgraded eat-in kitchen, and a primary bedroom with a rare 3-piece ensuite. The lower level offers a massive, fully self-contained 2-bedroom suite with its own kitchen, full bath, separate laundry, and large above-grade windows-perfect for premium student rentals or multi-generational living. Location is everything: Walk to the University of Toronto Mississauga (UTM), Erindale Park, top-rated schools, and direct transit to Square One. Whether you want to live upstairs and let the basement pay your mortgage, or rent both units for maximum ROI, turn-key properties with this kind of math do not last. Do not miss this one! (id:38551)
Above Grade: 3 Below Grade: 2
5Garage
4basement
3.48 m x 3.22 mbasement
3.9 m x 2.21 mbasement
3.47 m x 3.1 mbasement
3.1 m x 2.41 mground level
4.61 m x 4.04 mground level
3.1 m x 2.66 mground level
4.97 m x 2.9 mground level
4.35 m x 3.1 mground level
3.92 m x 2.98 mground level
2.76 m x 2.45 m