$2,495,000Asking Price
Turnkey Furnished Investment | Approved Duplex Conversion | Strong Income Potential.An exceptional opportunity for investors seeking a high-performing residential asset with multipleincome strategies. This fully furnished property is positioned for immediate usability and has alreadyreceived approval from the City of Toronto for conversion into a legal duplex-significantly reducingregulatory risk and timelines.Minor completion items remain, and the seller is willing to finalize these upon request, offering a nearturn-key pathway to a compliant multi-unit configuration.The property is strategically designed to support flexible income models, including short-term rental(subject to municipal regulations), long-term tenancy, or a hybrid approach.Projected income potential-based on comparable market performance and configuration mayexceed $100,000 annually, depending on rental strategy, occupancy, and management.Layout Optimized for Income: Second Floor:Three private bedroom suites, each with its own full washroom and second floor laundry, idealfor maximizing rental segmentation and privacy. Main Floor:Expansive open-concept living, dining, and modern kitchen, designed for shared occupancy orpremium rental positioning. Walk-Out Basement:Fully self-contained with separate entrance, second kitchen, full washroom, laundry, and directoutdoor access, well-suited for independent tenancy or extended-stay rental use.
Turnkey Furnished Investment | Approved Duplex Conversion | Strong Income Potential.An exceptional opportunity for investors seeking a high-performing residential asset with multipleincome strategies. This fully furnished property is positioned for immediate usability and has alreadyreceived approval from the City of Toronto for conversion into a legal duplex-significantly reducingregulatory risk and timelines.Minor completion items remain, and the seller is willing to finalize these upon request, offering a nearturn-key pathway to a compliant multi-unit configuration.The property is strategically designed to support flexible income models, including short-term rental(subject to municipal regulations), long-term tenancy, or a hybrid approach.Projected income potential-based on comparable market performance and configuration mayexceed $100,000 annually, depending on rental strategy, occupancy, and management.Layout Optimized for Income: Second Floor:Three private bedroom suites, each with its own full washroom and second floor laundry, idealfor maximizing rental segmentation and privacy. Main Floor:Expansive open-concept living, dining, and modern kitchen, designed for shared occupancy orpremium rental positioning. Walk-Out Basement:Fully self-contained with separate entrance, second kitchen, full washroom, laundry, and directoutdoor access, well-suited for independent tenancy or extended-stay rental use.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 5 4-Piece Bathrooms on Main Floor | ||||
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Alderwood, Toronto is a west Toronto neighbourhood notable for its executives and tradespeople. Residents tend to be older with a significant number of babies, adults aged 35 to 64 and seniors aged 65 to 69.
Kids Per Family
1.2
kids per family
in the neighbourhood.
45%
of residents are
single and loving it.
45% singles
Toronto (50%)
20%
of residents
are renters.
20% renters
Toronto (47%)
32%
of residents are
university grads.
32% university grads
Toronto (48%)Average Household Income
$129K
is the average household
income in the neighbourhood.
Professions
| Sales | 14% |
| Business | 11% |
| Trades | 10% |
| Management | 8% |
| Government | 8% |
34%
of residents were
born outside of Canada.
34% immigrants
Toronto (48%)4.2% from Philippines
All-time
1.1% from India
Recent
Foreign Languages
| Polish | 5% |
| Italian | 4% |
| Portuguese | 4% |
| Tagalog | 2% |
| Ukrainian | 2% |
Religions
| Christian | 74% |
| Muslim | 2% |
| Hindu | 2% |
| Buddhist | 1% |
Social Housing Buildings
0
Social housing buildings
in the neighbourhood.
Shelters
0
Homeless shelters in
the neighbourhood.