Income Generating Fantastic Legal 2 Unit Brick Bungalow - Live or Invest. Wonderful opportunity for 'First time home buyers' to enjoy the living in and rent out the legal 2nd unit basement. Huge driveway with 5 car parking. High demand area for rent. Approx 30 mins to Toronto Downtown. Walking distance to Pickering GO station. Bright and beautiful house with large windows and lots of sunlight from all 4 directions. Walk Out to a large deck opening to the South facing fenced backyard backing to school. Minutes to HWY 401, Frenchman's Bay, Parks, Waterfront Trails, Transit, Groceries, Pickering mall, and Schools. Main Floor - 3 Spacious Bedrooms, bright Kitchen with breakfast area, spacious bathroom, big open living and dining area. Legal 2nd Unit - Separate Side Entrance, open concept with a spacious bedroom w big window and a good size den that can be used as junior bedroom or home office. Fully equipped and great for in-law suite or rental income. Shared Laundry. *** Existing owner recieved rental income $4700 per month. Current basement AAA Good tenant paying $1900+utilities separately. Main floor rent collected 2800+utilities separate***. Possible positive cashflow property with conventional mortgage.
Address
1395 Fordon Avenue
List Price
$888,800
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
Bungalow
Area
Pickering
Sub-Area
Bay Ridges
County
Durham
Bedrooms
3 + 1
Bathrooms
2
Floor Area
1100 - 1500 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
100
Lot Size Units
Feet
Lot Width
48.5
MLS® Number
E12055726
Listing Brokerage
CENTURY 21 INNOVATIVE REALTY INC.
Basement Area
Separate Entrance, Apartment
Postal Code
L1W 1K1
Parking Places (Total)
5
Tax Amount
$5,740.00
Tax Year
2024
Interior Features
In-Law Suite
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick
Direction Faces
South
Foundation Details
Concrete
Garage Type
None
Kitchens Total
2
Pool Features
None
Roof
Shingles
Sewer
Sewer