5 BELLEFONTAINE STREET Active Save Request In-Person Tour Request Virtual Tour
Toronto (l'amoreaux),ON M1S1J6
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 700 sqft
Price per Sqft $2,269
Subdivision L'Amoreaux
MLS Listing ID E12069634
Style Bungalow
Bedrooms 4
Originating Board Toronto Regional Real Estate Board
Property Sub-Type Freehold
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! (id:24570)
Location
State ON
Rooms
Kitchen 2.0
Extra Room 1 Basement 3.3 m X 2.8 m Bedroom
Extra Room 2 Basement 3.35 m X 3.4 m Kitchen
Extra Room 3 Basement 3.35 m X 7.13 m Living room
Extra Room 4 Main level 6.5 m X 4.5 m Living room
Extra Room 5 Main level 6.5 m X 4.5 m Dining room
Extra Room 6 Main level 3.67 m X 3.15 m Kitchen
Interior
Heating Forced air
Cooling Central air conditioning
Flooring Hardwood,Ceramic,Laminate
Exterior
Parking Features Yes
View Y/N No
Total Parking Spaces 3
Private Pool No
Building
Story 1
Sewer Septic System
Architectural Style Bungalow
Others
Ownership Freehold