52 Montcalm Avenue Toronto, Ontario M6E 4N7

4 Bedroom 2 Bathroom 700 - 1,100 ft2
Raised Bungalow Central Air Conditioning Forced Air

$899,000

Discover a Prime Investment opportunity with this 2 unit raised brick bungalow, perfectly situated in the Designer District, featuring separate entrances for each apartment. This property offers the potential for immediate rental income, or future redevelopment, featuring two distinct living spaces each with its own character. This bungalow is an ideal choice for investors seeking to capitalize on the growing demand for multifamily homes. Whether you envision enhancing the existing units or exploring a future build, this property promises versatility, and value in a thriving community. The main floor apartment showcases, two spacious bedrooms, each featuring hardwood floors and generous double closets. The second bedroom includes a private walkout to a charming deck, perfect for enjoying the morning sunshine or relaxing in the evening. Open concept living room and dining room areas are designed for a bright and airy feel enhanced by timeless hardwood flooring and large windows with elegant wood shutters. The modern kitchen is equipped with a double sink, ceramic tile floor and ample cupboard space. All Appliances are included. The main floor offers a five piece washroom with a spa jet tub and double sinks. The lower level apartment offers two bedrooms, three piece washroom and a kitchen with an open concept living room and above grade windows. The current tenant in the lower level is willing to remain currently paying $1585/month + 50% of the utility bills. The main floor tenant pays 2450/month + 50% of the utilities, Both month to month. The child safe backyard is fully fenced offers a spacious deck, built in garage and private drive with three parking spots for convenience. Located in a family friendly neighbourhood in the Designer district, close to all amenities, park schools and walking distance to the Eglinton subway. This raise bungalow is not just a home. - It's an investment in your future. (id:61594)

Property Details

MLS® Number W12850226
Property Type Single Family
Community Name Briar Hill-Belgravia
Amenities Near By Public Transit, Schools
Equipment Type Water Heater - Gas, Water Heater
Parking Space Total 4
Rental Equipment Type Water Heater - Gas, Water Heater
Structure Deck, Porch

Building

Bathroom Total 2
Bedrooms Above Ground 2
Bedrooms Below Ground 2
Bedrooms Total 4
Appliances Two Stoves, Two Refrigerators
Architectural Style Raised Bungalow
Basement Development Finished
Basement Features Separate Entrance, Apartment In Basement
Basement Type N/a (finished), N/a, N/a
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Brick
Flooring Type Laminate, Hardwood, Tile
Foundation Type Unknown
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Interior 700 - 1,100 Ft2
Type House
Utility Water Municipal Water

Parking

Garage

Land

Acreage No
Fence Type Fenced Yard
Land Amenities Public Transit, Schools
Sewer Sanitary Sewer
Size Depth 125 Ft
Size Frontage 25 Ft
Size Irregular 25 X 125 Ft
Size Total Text 25 X 125 Ft

Rooms

Level Type Dimensions
Basement Bedroom 3.3 m x 3 m
Basement Bedroom 3.3 m x 2.9 m
Basement Foyer 2 m x 1.85 m
Basement Kitchen 3.65 m x 2.4 m
Basement Living Room 4.55 m x 2.4 m
Main Level Living Room 4.7 m x 3.3 m
Main Level Dining Room 2.95 m x 2.75 m
Main Level Kitchen 3.75 m x 2.8 m
Main Level Primary Bedroom 3 m x 3 m
Main Level Bedroom 2 3.1 m x 3.2 m
Main Level Foyer 2.15 m x 1.01 m

https://www.realtor.ca/real-estate/29433363/52-montcalm-avenue-toronto-briar-hill-belgravia-briar-hill-belgravia

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