Welcome to 242 Castlefrank Road - a FULLY-RENOVATED, turnkey property offering exceptional flexibility as a smart investment or ideal live-in-and-rent opportunity. This home with a LEGAL SECONDARY DWELLING UNIT (SDU) has been renovated top to bottom, featuring two bright and stylish two-bedroom units, each with its own entrance, in-suite laundry and modern finishes throughout. Both suites offer spacious layouts with contemporary white kitchens, quartz countertops, and luxury vinyl plank flooring and the lower unit has large windows that give the unit a bright feel. UPDATES INCLUDE: kitchens, bathrooms, heating system, plumbing, electrical, and more (2021 & 2023). With separate hydro meters, an efficient gas boiler system, and professional property management already in place, this is truly a low-maintenance, TURNKEY investment. GROSS INCOME: $50,088, Expenses $6,108 (approx.) NET $43,980 (approx). Perfect for investors or buyers looking to offset their mortgage with rental income. (41586411)
Cross Streets: Terry Fox & Castlefrank. ** Directions: Terry Fox to Castlefrank.
Property Type
Multi-family
Annual Property Taxes
$3,252 (CAD)
Time on REALTOR.ca
40 days
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