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Highland Creek, Toronto E10, ON M1C 1G7
$899,900
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
Welcome to this bungalow set on a generous 50 x 112 ft lot, offering exceptional potential for first-time buyers, investors, or builders looking to build a custom home. With a 50' frontage, this property presents a compelling opportunity for renovation, rental income, or future redevelopment. The main floor features a functional layout with 2 bedrooms and 1 bathroom, while the basement provides an additional living space with 2 bedrooms and 1 bathroom, creating flexibility for multi-unit use or extended family living. Both units are currently tenanted, offering immediate income while improvements or future plans are considered. An ideal opportunity for those seeking a project property with solid fundamentals, income potential, and long-term upside in an established neighbourhood close to schools, parks, transit, and everyday amenities. The main floor is currently rented for $1780/month and the basement is rented for $1700/month (inclusive of utilities).