1187 Roselawn Ave Toronto near Dufferin Street & Roselawn Ave | Double Car Garage Detached home for sale

Description

Welcome to 1187 Roselawn Avenue! A fantastic opportunity for homeowners and investors alike! This charming, move-in-ready 2+1 bedroom home combines timeless character with incredible versatility and income potential. The fully finished, turnkey basement offers excellent flexibility for multi-generational living, an in-law suite or an additional rental opportunity, with options for long-term tenancy or short-term accommodation, subject to applicable regulations and approvals. The current owners have generated approximately $3,000-$5,000 monthly through short-term rentals on AirBnB for the basement alone. Enjoy the added convenience of two separate laundry areas, one on each level. Outside, discover an exceptionally deep lot with a detached garage and parking for up to 8 vehicles, including the garage and rear parking area. The detached garage offers excellent flexibility for vehicle parking, additional storage, a workshop, home office or gym. Ideally located in the established Briar Hill-Belgravia neighbourhood, close to TTC transit, local shops, restaurants, parks, schools and everyday amenities, with convenient access to the Allen Expressway and Highway 401. Whether you're looking to live in, generate additional income or invest in a property with multiple possibilities, this is an opportunity you won't want to miss!

Features

Facing: North
Bedrooms: 2
Bathrooms: 2
Garages: 2
Kitchens: 1

Details

Lot size: 32.25 x 114.50 Feet
Space: 700-1100
Tax: $ 3775.00
W14147070
Listing contracted with: ELEVATE REALTY INC.

Room	Size(M)	Description
Living Rm	4.57x3.07
Dining Rm	2.41x3.07
Kitchen	2.97x2.59
Br	3.86x3.00
Br	3.43x2.69
Bath	x	4 Pc Bath
Family Rm	5.51x2.64
Kitchen	2.72x2.87
Br	3.76x3.94
Bath	x	3 Pc Bath

Bathroom	Pieces	Level
1xBath	4 pcs	Main
1xBath	3 pcs	Basement

Property Summary

Located close to the intersection of Dufferin Street & Roselawn Ave, 1187 Roselawn Ave is a 2+1 bedrooms 2 washrooms Detached. The unit has a Double Detached Parking Spaces. The property has many nice features including Water Heater Owned. Living Room Rm, Dinning Room Rm, Kitchen, Bedroom, Br and Bath are on the Main floor.

Home Market Analysis

For Sale

For Lease

Comparable home values have remained relatively stable compared with the same period last year.

Rent levels have increased 14.8% compared with the same period last year.

Recent Comparable Value Range

$630,000 – $1,000,000

Recent 6-Month Rent Range

$2,750 – $3,450/month

How This Home Compares

Market Temperature

Seller's Market

Strong SellerSellerBalancedBuyerStrong Buyer

Inventory conditions currently favour sellers of similar homes.

Typical Selling Time

16 Days

Similar homes are selling in about 16 days, broadly in line with last year.

Price Position

In Line

The asking price is broadly in line with the estimated value of comparable homes.

Local Area Profile

This property is located in an area with a high level of homeownership with a mix of detached homes and apartments and condominiums. Approximately 45% of residents hold a bachelor's degree or higher, while about 15% have a college credential. Residents use a combination of driving and public transit for commuting.