5 BELLEFONTAINE STREET, Toronto, Ontario

$1,588,888

4 Beds
2 Baths

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! (id:56241)

Listing ID: E12069634
Property Type: Single Family

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Rooms

Level	Type	Dimensions
Bedroom	Basement	3.3 m x 2.8 m
Kitchen	Basement	3.35 m x 3.4 m
Living room	Basement	3.35 m x 7.13 m
Living room	Main level	6.5 m x 4.5 m
Dining room	Main level	6.5 m x 4.5 m
Kitchen	Main level	3.67 m x 3.15 m
Primary Bedroom	Main level	3.96 m x 3.3 m
Bedroom 2	Main level	3.3 m x 3.08 m
Bedroom 3	Main level	3.96 m x 2.92 m

Details

Architectural Style: Bungalow
Ownership: Freehold
Parking Spaces: 3
Transaction: For sale

Building

Appliances: All, Dryer, Washer
Architectural Style: Bungalow
BasementType: N/A (Finished)
Basement Development: Finished
Basement Features: Apartment in basement
Bedrooms Main Level: 3
Bedrooms Lower Level: 1
Construction Style Attachment: Detached
Cooling: Central air conditioning
Exterior Finish: Brick
Fireplace Present: False
Flooring: Hardwood, Ceramic, Laminate
Foundation: Block
Bathrooms (Total): 2
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 700 - 1100 sqft
Stories Total: 1
Type: House
Utility Water: Municipal water

Land

Sewer: Septic System
Size Frontage: 50 ft
Size Irregular: 50 x 175 FT

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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 5 BELLEFONTAINE STREET in Toronto Ontario. It was last modified on April 8th, 2025. Contact us to schedule a viewing or to discover other Toronto homes for sale.

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