$899,000.00

29 GILTSPUR DRIVE, Toronto (Glenfield-Jane Heights), Ontario, M3L1M4, Canada Listing ID: W13222080
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Bathrooms Bedrooms Property Type
2 6 Single Family

Exceptional opportunity for investors or end-users seeking strong income potential with flexibility. This fully self-contained duplex features two separate apartments, each with its own private entrance, with an additional front entrance added to enhance functionality and privacy for the upper unit. The basement apartment also features a proper egress window and its own separate hydro meter.Both units were renovated prior to the current tenants taking occupancy, and the same tenants have remained since the renovations were completed - a true testament to the quality of the property and an excellent opportunity for investors seeking stable, reliable income. Current rents are at - or above - market value, providing immediate positive cash flow from day one.Recent updates completed by the owners include a new furnace and A/C unit, new driveway, updated eavestroughs and gutters, new basement oven, and new washing machine. The property also features renovated kitchens and bathrooms, laminate flooring, halogen pot lights, and shared laundry facilities.Tenants are responsible for their own hydro usage, with gas expenses split 60% for the upper unit and 40% for the basement apartment. Tenants also share responsibility for snow removal and lawn maintenance.A fantastic turnkey income property in a strong rental market with quality long-term tenants already in place. (id:31565)

Paul McDonald, Sales Representative
Paul McDonald is no stranger to the Toronto real estate market. With over 23 years experience and having dealt with every aspect of the business from simple house purchases to condo developments, you can feel confident in his ability to get the job done.
Book appointment/showing: 29 GILTSPUR DRIVE (W13222080)
Room Details
Level Type Length Width Dimensions
Basement Bedroom 2.92 m 2.76 m 2.92 m x 2.76 m
Basement Bedroom 2.92 m 2.76 m 2.92 m x 2.76 m
Basement Kitchen 3.05 m 2.7 m 3.05 m x 2.7 m
Basement Recreational, Games room 5.9 m 3 m 5.9 m x 3 m
Basement Bedroom 2.99 m 2.8 m 2.99 m x 2.8 m
Main level Living room 5.4 m 3.05 m 5.4 m x 3.05 m
Main level Dining room 3.25 m 3 m 3.25 m x 3 m
Main level Kitchen 3.28 m 2.85 m 3.28 m x 2.85 m
Main level Primary Bedroom 4.65 m 2.95 m 4.65 m x 2.95 m
Main level Bedroom 2 2.98 m 2.93 m 2.98 m x 2.93 m
Main level Bedroom 3 2.93 m 2.74 m 2.93 m x 2.74 m
Additional Information
Amenity Near By Hospital, Park, Public Transit, Schools
Features
Maintenance Fee
Maintenance Fee Payment Unit
Management Company
Ownership Freehold
Parking
  • Name - No Garage
Transaction For sale
Building
Bathroom Total 2
Bedrooms Total 6
Bedrooms Above Ground 3
Bedrooms Below Ground 3
Amenities Separate Electricity Meters
Appliances Cooktop, Dishwasher, Dryer, Freezer, Oven, Washer, Refrigerator
Architectural Style Bungalow
Basement Development Finished
Basement Features Apartment in basement
Basement Type N/A, N/A (Finished)
Construction Style Attachment Semi-detached
Cooling Type Central air conditioning
Exterior Finish Brick
Fireplace Present
Flooring Type Laminate, Ceramic
Foundation Type Unknown
Heating Fuel Natural gas
Heating Type Forced air
Size Interior 700 - 1100 sqft
Stories Total 1
Type House
Utility Water Municipal water
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