116 Branstone Road, Toronto W03, ON M6E 4E5

$899,000

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Oct 06, 2025

Toronto W03, Caledonia-Fairbank

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Description

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 bachelor units, each with their own kitchen & bathroom. With the easy potential to convert the main floor into 2 separate units (potential bachelor apartment at the rear of the property) 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. Capitalize on current market rents (vacant units ready for new tenants)... Projected Rents: Main Floor $2400; Basement 1: $1300; Basement 2: $1300... Estimated $4800-5000 monthly income when fully tenanted!

Overview

Property ID: W12402111

Type: Detached

Bedrooms: 4

Bathrooms: 4

Square: 900 m²

Price: $899,000

PropertyType: Residential Freehold

TransactionType: For Sale

BuildingAreaUnits: Square Feet

Cooling: Central Air

Heating: Forced Air