UPDATED CLOSING & PRICE REDUCED!! Detached Bungalow with Secondary Suite in Scarborough!! Assigned

  • $980,000
  • 4 beds
  • 2 baths
  • 990 sqft
Assigned
If you’re looking for an incredible investment opportunity, this detached bungalow in Guildwood will check all of your boxes!! Renovated in 2012, featuring a separate side entrance to the secondary suite (complete with kitchen and 4-piece bathroom), this brick beauty is located directly across from a school (no across the street neighbours permitted!)!! In addition to the bedroom, the basement also includes a full sized den that could possibly be converted to a bedroom (with the addition of an egress window) giving you the option to get even more out of this investment property. Complete the cosmetic updates to get a huge return wholetailing, if not interested in renting. The average detached property in Guildwood sells for $1,210,000 — and at only $980,000 you can’t let this smoking hot opportunity pass you by!!!

We are selling our assignable purchase contract.

Closing is December 8th, 2021

PROPERTY FEATURES
  • 3+1 bedrooms + basement den
  • 2 full bathrooms
    • 4-piece bathroom is located on the main floor
    • 4-piece bathroom is located in the basement
      • Basement bathroom was added in 2013/2014 (as per Seller)
  • Built in 1955 (renovated in 2012, as per MPAC)
  • Above grade: 990 sq ft (as per MPAC)
  • Finished basement: 990 sq ft (as per MPAC)
    • Bedroom
    • Den (added in 2014, as per Seller)
    • Full bathroom
    • Kitchen
    • Laundry area
  • Separate entrances:
    • Front door opens directly into the living room
    • Door located at the side of the property opens to a landing, with the option to go up to the main floor, or down to the basement
  • Flooring: tile and laminate
  • All appliances will be included
    • The stove in the basement will require 1 heating coil to be replaced (as per Seller)
  • Building permit was obtained in 2010 (as per MPAC)
  • 100 AMP breaker panel
  • HE gas furnace is owned, and was installed 2012/2013 (as per Seller)
  • HWT is rented, and was installed in 2012 (as per Seller)
  • AC is owned, and was installed prior to ownership in 2013 (as per Seller)
  • All windows were updated prior to ownership in 2013 (as per Seller)
  • Roof was last updated in May 2014 (as per Seller)
  • On municipal services
  • Property taxes: ~$3122.28/year (Buyer to verify)
  • Electric meter changed 2018 (as per Seller)
  • Parking for 5+ vehicles in driveway
  • Lot size: 56.67 ft x 133 ft (as per MPAC)
  • Zoning: RD(f12;a464*464) (as per MPAC)
    • The City of Toronto allows Secondary Suites within the primary dwelling of an RD property. (see HERE – clause 10.20.20.20) — Buyer to verify

PROPERTY NEEDS

  • Cosmetic updates, if desired
  • Repair slight leak in upstairs bathroom sink pipe (as per Seller) — see HERE

 

Please click HERE for more pictures and information.

Price:
$980,000
Address:
Kingston Rd & Galloway Rd
Scarborough, ON
Square Feet:
990
Lot Size:
56.67 ft x 133 ft
Bedrooms:
4
Bathrooms:
2
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1955
Basement:
Finished

Call (647) 400-2093 for more details

Property Location