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29 Giltspur Drive
29 Giltspur Drive
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For Sale

29 Giltspur Drive

29 Giltspur Drive, Toronto W05, ON M3L 1M4, CA

$899,000 CAD
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.

6
beds

2
baths

Features & Amenities

Interior

  • total bedrooms6
  • Total bathrooms2
  • other interior Features Separate Hydro Meter

Area & Lot

  • Status For Sale
  • MLS® IDW13222080
  • TypeResidential
  • Architecture StylesBungalow

Exterior

  • PoolNone
  • roofAsphalt Shingle
  • parkingPrivate
  • HEAT TYPEForced Air
  • AIR CONDITIONINGCentral Air
  • sewerSewer
  • SubstructureUnknown

Financial

  • Sales Price$899,000 CAD
  • Real Estate Tax $3,454 CAD/yr
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Thank you for your interest in 29 Giltspur Drive, Toronto W05, ON M3L 1M4, CA. We are reviewing your request and will be in touch shortly!

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