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Incredible Investment Opportunity! All brick bungalow with legal secondary unit in prime rental location! Amazing cashflow grossing over $6,200/M! 3 Bed 1 bath upper unit and unique 3 bed 3 bath lower unit. Upper unit features 3 spacious bedrooms, a large living room, updated kitchen and 4pc bath. The lower level apartment is uniquely designed with a common full kitchen & 3 spacious bedrooms each with a wet bar and full ensuite bath bringing in nearly $3,800/M in rental income. Bus service at your doorstep, minutes walk to Algonquin and all the amenities of College Square & Merivale Rd. Great access to the highway for easy commuting by car, bus or bike! Amazing future development potential on this 50ft x 98ft lot. New proposed zoning of MS2 (Mainstreet Zone 2) allowing for a large multi unit mixed use building. Turn key investment property- enjoy great cashflow while watching your land value soar in the years to come!
EXP REALTY
MLS®# X12495026 · Last modified 2026-05-12
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The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
Listing data provided under copyright by the A00001796 and other participating boards via PropTx Amplify Syndication. Information is deemed reliable but not guaranteed accurate.
Stephan Gauthier is a Broker with Real Broker Ontario Ltd., Brokerage. Each office independently owned and operated.
| Living Room | Main | 22' 1" × 11' 1" |
| Kitchen | Main | 12' 11" × 12' 6" |
| Primary Bedroom | Main | 12' 6" × 12' 4" |
| Bedroom | Main | 12' 4" × 9' |
| Bedroom | Main | 10' 3" × 9' |
| Bathroom | Main | 7' 10" × 5' 6" |
| Laundry | Basement | 6' 8" × 3' 6" |
| Kitchen | Basement | 16' 3" × 9' 9" |
| Bedroom | Basement | 17' 2" × 11' |
| Bathroom | Basement | 7' 1" × 5' 4" |
| Bedroom | Basement | 15' 9" × 12' 6" |
| Bathroom | Basement | 7' 5" × 5' 4" |
| Bedroom | Basement | 14' 3" × 12' 11" |
| Bathroom | Basement | 6' 10" × 6' 8" |
| Utility Room | Basement | 10' 4" × 6' 10" |
Measurements deemed reliable but not guaranteed.
Estimated monthly payment
$4,323
Down payment: $175,980 · Loan: $703,920
Estimate only. Lender rates and qualification rules change constantly. Excludes property tax, condo fees, and insurance. Always confirm with a mortgage broker before making decisions.
