1130 WOODBINE AVENUE — Toronto (Danforth Village-East York), Ontario

Stop searching - your perfect cash flow investment is here! This one-of-a-kind property is designed as a legal rooming house offering incredible income potential and flexibility. The main floor features 3 spacious bedrooms, a 3-piece bathroom, kitchen, and laundry; the second floor offers 3 additional bedrooms and a 4-piece bathroom; and the basement has a separate entrance with a fully self-contained 2-bedroom apartment. Previously generating $5,100 (main and second floor) plus $1,700 (basement) in rental income as-is, the home is currently vacant - an ideal opportunity to secure new tenants and maximize returns. Located in the highly desirable Danforth Village, just steps to Woodbine Subway Station and close to The Beach, shops, and restaurants. Freshly painted with new laminate flooring on the upper level, walkout to backyard, detached garage, and parking for up to 4 cars. The main floor can easily be converted back into a living and dining area for end users. A rare find with endless potential! (id:63357)