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7603 - Sheahan Estates/Trend Village, South of Baseline to Knoxdale, ON K2H 5W1
$699,000
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.
Turnkey TWO living units | INCOME + LIFESTYLE OPPORTUNITY over 5% Cap Rate! An exceptional opportunity to own a fully renovated semi-detached duplex offering immediate cash flow and long-term stability. Currently tenanted on a month-to-month basis, this property provides flexibility for both investors and end-users. The existing tenants are happy in the home and open to signing long-term leases, ensuring reliable, consistent income. Perfect for a savvy buyer, you also have the option to live in the upper unit and rent out the lower level, significantly offsetting your mortgage-or utilize the lower suite as a nanny or in-law space.The upper unit features 3 spacious bedrooms and 3 bathrooms, including a private ensuite, while the lower unit offers a bright and functional 1-bedroom suite with its own ensuite and separate entrance. Both units have been beautifully updated with brand new kitchens, quartz countertops, new appliances, and modern, high-quality finishes throughout.Enjoy hardwood flooring in the main unit, vinyl laminate in the lower level, and porcelain tile accents that add a clean, contemporary touch.Major upgrades include legal egress windows (2021), electrical panel (2021), central A/C (2021), roof (2012), and an in-line hot water tank. With over $200,000 invested in renovations (2021), this property is truly move-in ready. A rare opportunity to secure a versatile, income-producing property with strong upside-don't miss it. 24 hours' notice required for all showings.