Description

Attention Investors & Savvy Homebuyers! Rare opportunity to secure a high-yield, semi-detached fully renovated raised bungalow in the highly coveted Erindale pocket. Featuring a Partial vacant, legal-style 3+2 bedroom layout with 3 total bathrooms and a completely separate basement entrance. This property is an absolute cash-flow machine boasting a projected 6.4%+ Cap Rate and an estimated $57,600/year in gross rental income. The bright and spacious upper level features vinyl floors, an upgraded eat-in kitchen, and a primary bedroom with a rare 3-piece ensuite. The lower level offers a massive, fully self-contained 2-bedroom suite with its own kitchen, full bath, separate laundry, and large above-grade windows-perfect for premium student rentals or multi-generational living. Location is everything: Walk to the University of Toronto Mississauga (UTM), Erindale Park, top-rated schools, and direct transit to Square One. Whether you want to live upstairs and let the basement pay your mortgage, or rent both units for maximum ROI, turn-key properties with this kind of math do not last. Do not miss this one!