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Home ON Greater Toronto Area Toronto Scarborough East L'Amoreaux
5 BELLEFONTAINE STREET
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5 BELLEFONTAINE STREET $1,588,888
$1,588,888
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5 BELLEFONTAINE STREET
Toronto (L'Amoreaux), Ontario M1S1J6

MLS® Number: E12069634
3 + 1
Bedrooms
2
Bathrooms
700 - 1100
Square Feet

Listing Description

For the investors, builders & visionaries to capitalize on a PREMIUM, 50 ft wide, extra DEEP lot at 175 ft APPROVED Zoning for a 4-unit apartment with potential for a 5th unit/garden suite. This will be a CASH COW with rental income as high as $11,000+ for all 4 units. With the garden suite, enjoy monthly income as high as $14,000. Cover your mortgage while applying for your building permit! Currently rented as a 3+1bed/2bath furnished as a single-family home with gross rent as high as $6000 monthly. Being sold fully furnished. Current home renovated in 2021 includes new kitchen, bathrooms, flooring, roof replaced within the last 6years. Newer furnace and AC. Walking distance to excellent schools, shopping, restaurants, TTC, gym & close to extremely quiet GO Train line, 401, 407, 404, DVP. Project eligible for CMHC low-interest financing to build 4plex w/garden suite. Rare, high-income-generating asset blends strong immediate cash flow with huge long-term appreciation potential. Whether you're an investor seeking passive income or a builder ready to maximize returns, this is an opportunity you cant afford to miss! (40207214)

Location Description

Kennedy/Finch

Property Summary

Property Type
Single Family
Building Type
House
Storeys
1
Square Footage
700 - 1100 sqft
Community Name
L'Amoreaux
Title
Freehold
Land Size
50 x 175 FT
Annual Property Taxes
$4,900
Parking Type
Carport, Garage
Time on REALTOR.ca
19 days

Building

Bedrooms
Above Grade
3
Below Grade
1
Bathrooms
Total
2
Interior Features
Appliances Included
All, Dryer, Washer
Flooring
Hardwood, Ceramic, Laminate
Basement Features
Apartment in basement
Basement Type
N/A (Finished)
Building Features
Foundation Type
Block
Style
Detached
Architecture Style
Bungalow
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air (Natural gas)
Utilities
Utility Type
Sewer (Available)
Utility Sewer
Septic System
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Parking
Parking Type
Carport, Garage
Total Parking Spaces
3

Measurements

Square Footage
700 - 1100 sqft

Rooms

MetricImperial
Main level
Living room
Dining room
Kitchen
Primary Bedroom
Bedroom 2
Bedroom 3
Basement
Bedroom
Kitchen
Living room

Land

Lot Features
Frontage
50 ft
Land Depth
175 ft
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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