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 units, including a 1-bedroom apartment with kitchen, living area, and bathroom, plus a bachelor suite with its own kitchen and bathroom. With the easy potential to convert the main floor into 2 separate units 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.
Address
116 Branstone Road
List Price
$899,000
MLS® Status
New
Expiration Date
2025-11-30
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
Bungalow
Transaction Type
For Sale
Area
Toronto W03
Sub-Area
Caledonia-Fairbank
Region
Toronto
Bedrooms
2 + 2
Bedrooms (Total)
4
Rooms Above Grade
6
Rooms Below Grade
2
Bathrooms
4
Floor Area
700-1100 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
122.2
Lot Shape
Pie
Lot Irregularities
Widens to 44.56 ft at rear
Lot Size Units
Feet
Lot Width
20
Parcel Number
104800409
Parcel of Tied Land
No
Occupant Type
Vacant
Cross Street
Eglinton Ave W & Dufferin St
Approx. Age
51 - 99 Years
MLS® Number
W12402111
Listing Brokerage
KELLER WILLIAMS REFERRED URBAN REALTY
Basement Area
Apartment, Walk-Up
Postal Code
M6E 4E5
Posession Details
immediate/flexible
Parking
Mutual
Parking Places (Total)
4
Parking Spaces
2
Tax Amount
$4,857.00
Tax Year
2024
Interior Features
Carpet Free, Primary Bedroom - Main Floor
Property Features
Library, Place Of Worship, Public Transit, School, Rec./Commun.Centre
Central Vacuum
No
Family Room
No
Elevator
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Senior Community
No
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick
Direction Faces
North
Fireplace
No
Foundation Details
Concrete Block
Garage
Yes
Garage Type
Detached
Covered Spaces
2
Kitchens Total
3
Kitchens Above Grade
1
Kitchens Below Grade
2
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
LT 500 PL 1442 TWP OF YORK S/T & T/W CY662033; TORONTO (YORK) , CITY OF TORONTO
Waterfront
No
Sewer
Sewer