Floor | Bedrooms | Bathrooms |
---|---|---|
Basement | 2 | 1 |
Ground | 2 | 1 |
Renovated bungalow in the sought-after East York area, spanning approximately 1,317 sq ft. Ideal investment opportunity! Currently set up as a duplex with a 2-bedroom apartment on the main floor and another 2-bedroom apartment on the lower floor. Add a second storey to the home for an additional unit. Then finally, create a (prefab) laneway house in the rear, currently 2 driveway spaces plus 1 parking detached garage with storage. The lower-level unit currently has a separate entrance. Conveniently located within walking distance to Donlands TT
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25 Year , 4.99% interest
Real Estate Board require you toSign Into see the full details of this property
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Located at 206 Donlands Avenue, Toronto, this charming detached bungalow in the heart of Danforth Village-East York presents a unique investment opportunity. The property boasts a delightful mix of traditional brick and stone exterior, exuding a timeless appeal that is sure to captivate any potential buyer looking for a house for sale in Toronto.
Upon entering the property, you are greeted by a well-appointed main kitchen, perfect for whipping up delicious meals and entertaining guests. The house features two spacious bedrooms and two dens, providing ample space for a growing family or for those who require extra room for work or hobbies. The main floor also includes two bathrooms, ensuring convenience and comfort for all residents.
For those who enjoy hosting gatherings or simply relaxing in a cosy setting, the lower floor offers a welcoming family room where you can unwind after a long day. While there is no fireplace in the house, the central air conditioning ensures that you stay comfortable all year round, regardless of the weather outside.
One of the standout features of this property is the finished basement with a separate entrance, currently generating rental income of $2,200 per month. This additional source of revenue adds to the appeal of this house for sale in Toronto, making it an attractive investment opportunity for savvy buyers.
The property also includes a detached garage with space for one car, as well as three additional parking spots in the rear laneway. This convenient setup provides ample parking space for residents and guests alike, a rare find in the bustling city of Toronto.
Situated on a generous lot measuring 28 x 100 feet, the property offers plenty of outdoor space for gardening, relaxation, or even potential future expansion. With the possibility to add a second storey to the existing structure or create a laneway house at the rear, the potential for this property is truly limitless.
Conveniently located within walking distance to the Donlands TTC subway station, parks, schools, and the vibrant Danforth community, this house for sale in Toronto offers the perfect blend of comfort, convenience, and investment potential. Don't miss out on this rare opportunity to own a piece of East York's thriving real estate market at 206 Donlands Avenue, Toronto.
Danforth Village-East York is a vibrant neighbourhood located in the east end of Toronto. Known for its diverse population and strong sense of community, this area offers a mix of residential streets, local shops, and parks. With easy access to public transportation and a variety of amenities, including schools and recreational facilities, Danforth Village-East York is an ideal place to call home for those looking for a welcoming and convenient neighbourhood in the bustling city of Toronto.
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