Description
Incredible Investment Opportunity! All brick bungalow with legal secondary unit in prime rental location! Amazing cashflow grossing over $6,200/M! 3 Bed 1 bath upper unit and unique 3 bed 3 bath lower unit. Upper unit features 3 spacious bedrooms, a large living room, updated kitchen and 4pc bath. The lower level apartment is uniquely designed with a common full kitchen & 3 spacious bedrooms each with a wet bar and full ensuite bath bringing in nearly $3,800/M in rental income. Bus service at your doorstep, minutes walk to Algonquin and all the amenities of College Square & Merivale Rd. Great access to the highway for easy commuting by car, bus or bike! Amazing future development potential on this 50ft x 98ft lot. New proposed zoning of MS2 (Mainstreet Zone 2) allowing for a large multi unit mixed use building. Turn key investment property- enjoy great cashflow while watching your land value soar in the years to come! (id:39198)
Features & Details
Key Summary
- Style: Duplex
- Property Class: CommercialProperty
- Last Status: New
- Days on Market: 125
- Bedrooms: 3 + 3
- Bathrooms: 4
- Heating: Forced air, Natural gas
- Cooling: Central air conditioning
- Basement: Apartment in basement, Separate entrance, N/A, N/A
- Extras / Inclusions: Washer, Dishwasher, Dryer, Microwave, Hood Fan, Two stoves, Two Refrigerators
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Living room | Main level | 6.72 x 3.39 | |
| Bedroom | Basement | 4.81 x 3.8 | |
| Bathroom | Basement | 2.27 x 1.63 | |
| Bedroom | Basement | 4.34 x 3.93 | |
| Kitchen | Main level | 3.93 x 3.8 | |
| Bathroom | Basement | 2.08 x 2.02 | |
| Utility room | Basement | 3.14 x 2.08 | |
| Primary Bedroom | Main level | 3.8 x 3.75 | |
| Bedroom | Main level | 3.75 x 2.74 | |
| Bedroom | Main level | 3.12 x 2.74 | |
| Bathroom | Main level | 2.39 x 1.68 | |
| Laundry room | Basement | 2.02 x 1.06 | |
| Kitchen | Basement | 4.96 x 2.97 | |
| Bedroom | Basement | 5.24 x 3.36 | |
| Bathroom | Basement | 2.15 x 1.63 |
- Exterior Construction: Brick
- Foundation: Concrete
- Lot Dimensions: 50 x 98 FT
- Lot Features: In-Law Suite
- Water Source: Municipal water
- Sewer: Sanitary sewer
- Total Parking Spaces: 6
- MLS® Number: X12495026
- Listed On: Oct 31, 2025
- Last Status: New
- Days on Market: 125
- Updated On: Feb 20, 2026 00:00
- Brokerage: EXP REALTY
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