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Downsview-Roding-CFB, Toronto W05, ON M3K 1A1
$1,099,800
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.
EXTREME INVESTMENT & MULTIGENERATIONAL OPPORTUNITY IN PRIME DOWNSVIEW! Welcome to 65 Whitley Avenue, a meticulously updated detached bungalow situated on a premium 50 x 120-foot lot. Whether you are a savvy investor seeking dual-income streams, a multigenerational family needing separate living spaces, or a first-time buyer looking for a massive mortgage helper, this turnkey property delivers on every level. TOP-TIER RENTAL POTENTIAL & LAYOUT: Main Floor (1,125 sq ft): Bright and spacious 3-bedroom, 1.5-bathroom layout with a modern kitchen and dedicated computer niche. Estimated Market Rent: $3,000 - $3,200 + utilities. Legal Basement Apartment (1,025 sq ft): Professional City Permit-approved suite ($100k+ value). Features 3 large bedrooms with individual locks-perfect for renting to 3 professionals (Co-Living) to maximize yield. Includes 1.5 bathrooms, a full kitchen, and a Separate Entrance. Estimated Market Rent: $2,400 - $2,700 (or $900-$1,000 per room). Dual Laundry: Total convenience with two separate laundry rooms (one on each level). PREMIUM UPGRADES & PEACE OF MIND: Over $85,000 recently spent on quality improvements, Basement New Plumbing & New Walls-Ceiling 5/8th Drywalls w/Roxul(2016), 100-amp Circuit Breaker Upgraded and Electrical Wiring done with ESA Inspection(2016) , newer furnace (2016), Shingles(2012), CAC(2012), Washer/Dryer Main (2016) , . The long driveway fits 6 cars and features a dedicated EV Charger Outlet-a major draw for modern tenants. DEVELOPMENT & FUTURE VALUE: Located in a rapidly appreciating pocket with Garden Suite potential due to the deep 120ft lot. The massive 50ft frontage also offers incredible potential to build a Custom Luxury Mansion or a modern multiplex in the future. LOCATION: Unbeatable access! Steps to TTC, minutes to Yorkdale Mall, Hwy 401, Costco, and the new Humber River Hospital. Don't miss this "Triple-Threat" property: Cash flow today, multi-gen living tomorrow, and massive land value for the future!