$599,000Asking Price
Welcome to this immaculate townhouse offering exceptional flexibility for investors and end-users alike. Originally built as a 2-bedroom townhome, the current owner purchased the property as an investment and reconfigured the layout into 5 bedrooms to maximize rental potential, currently generating approximately $4,000/month in income. This setup presents a strong cash-flow opportunity for savvy investors. For buyers seeking personal use, the existing modifications can be removed to restore the home to its original builder-designed floor plan, with the added benefit of a finished basement that can provide an additional bedroom, creating a desirable 2+1 layout. A rare opportunity with endless potential.
Welcome to this immaculate townhouse offering exceptional flexibility for investors and end-users alike. Originally built as a 2-bedroom townhome, the current owner purchased the property as an investment and reconfigured the layout into 5 bedrooms to maximize rental potential, currently generating approximately $4,000/month in income. This setup presents a strong cash-flow opportunity for savvy investors. For buyers seeking personal use, the existing modifications can be removed to restore the home to its original builder-designed floor plan, with the added benefit of a finished basement that can provide an additional bedroom, creating a desirable 2+1 layout. A rare opportunity with endless potential.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 7.15' x 12.34' | Stainless Steel Appliances, Open Concept, Tile Floor |
| 1 4-Piece Bathroom | ||||
| 1 3-Piece Bathroom | ||||
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Rouge Park, Toronto is an east Toronto neighbourhood notable for its business professionals, salespeople and tradespeople. It has a higher than average population of immigrants, particularly those from Jamaica, the Philippines, India and Sri Lanka, and Tagalog and Tamil speakers. Residents tend to be older with a significant number of kids aged 10 to 14, youth aged 15 to 24, adults aged 50 to 64 and seniors aged 65 to 74.
Kids Per Family
1.5
kids per family
in the neighbourhood.
49%
of residents are
single and loving it.
49% singles
Toronto (50%)
26%
of residents
are renters.
26% renters
Toronto (47%)
33%
of residents are
university grads.
33% university grads
Toronto (48%)Average Household Income
$116K
is the average household
income in the neighbourhood.
Professions
| Sales | 15% |
| Business | 12% |
| Trades | 7% |
| Government | 6% |
| Management | 5% |
57%
of residents were
born outside of Canada.
57% immigrants
Toronto (48%)11.3% from Sri Lanka
All-time
1.4% from Sri Lanka
Recent
Foreign Languages
| Tamil | 12% |
| Tagalog | 7% |
| Urdu | 3% |
| Gujarati | 1% |
| Bengali | 1% |
Religions
| Christian | 56% |
| Hindu | 20% |
| Muslim | 10% |
| Buddhist | 1% |
| Sikh | 1% |
Social Housing Buildings
0
Social housing buildings
in the neighbourhood.
Shelters
0
Homeless shelters in
the neighbourhood.