$899,000Asking Price
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.
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.
See MoreRoom | Floor | Dimensions | Details | |
---|---|---|---|---|
1 | Kitchen | Main | 12.99' x 8.60' | Combined with Dining, Pot Lights, Eat-in Kitchen |
2 3-Piece Bathrooms on Main Floor | ||||
2 3-Piece Bathrooms |
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Fairbank, Toronto is a central Toronto neighbourhood notable for its salespeople and tradespeople. It has a higher than average population of immigrants, particularly those from Portugal and the Philippines, and Italian, Spanish, Tagalog and Portuguese speakers. Residents tend to be older with a significant number of adults aged 35 to 64.
Kids Per Family
1.2
kids per family
in the neighbourhood.
46%
of residents are
single and loving it.
46% singles
Toronto (50%)
36%
of residents
are renters.
36% renters
Toronto (47%)
21%
of residents are
university grads.
21% university grads
Toronto (48%)Average Household Income
$97K
is the average household
income in the neighbourhood.
Professions
Sales | 19% |
Trades | 14% |
Business | 9% |
Government | 8% |
Management | 4% |
54%
of residents were
born outside of Canada.
54% immigrants
Toronto (48%)17.1% from Portugal
All-time
2.0% from Philippines
Recent
Foreign Languages
Portuguese | 26% |
Spanish | 8% |
Italian | 5% |
Tagalog | 5% |
Vietnamese | 1% |
Religions
Christian | 81% |
Buddhist | 3% |
Hindu | 2% |
Muslim | 2% |
Social Housing Buildings
0
Social housing buildings
in the neighbourhood.
Shelters
1
Homeless shelters in
the neighbourhood.