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New6 days ago

19 Granite Street

Clanton Park, Toronto

$1,390,000

Detached|Bungalow
4 | 4 | 8
About this home

Welcome to this rare opportunity in the heart of Toronto's highly desirable Clanton Park community! Situated on an impressive 50 x 150 ft lot, this spacious Bungalow offers both immediate rental income potential and long-term investment value. With a thoughtfully designed layout, the property features 4 self-contained units, each with separate entrances, generating a solid rental income of approximately $5,250 per month-perfect for helping cover your mortgage while you live comfortably in the main floor residence. Step inside the bright and airy main level, where the current owner occupies a charming 3-bedroom space filled with natural light, a welcoming family atmosphere. The lower and side units have been carefully configured to maximize privacy and rental appeal, providing well-maintained kitchens, bathrooms, and practical living areas that attract strong tenant demand in this high-traffic neighborhood. Enjoy the convenience of an oversized double garage and an extra-large driveway accommodating up to 6 vehicles, a true rarity in Toronto. The expansive backyard offers endless potential-whether for gardening, family gatherings, or even future redevelopment. Investors will appreciate the lot size and zoning flexibility, while end-users can enjoy the stability of living in one unit while leveraging rental income from the others. Location is everything, and this property delivers: just minutes to Wilson Subway Station, Yorkdale Mall, Allen Road, Highway 401, schools, parks, and community amenities. Clanton Park is known for its family-friendly atmosphere, established community, and unbeatable transit access. Whether you're looking for a primary residence with mortgage support, a multi-unit investment property, or a future redevelopment project, this home checks all the boxes. Prime Investment Opportunity ! High-yield property with full four-plex potential. A must - see !

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$6,832
Lot Size50.06 ft x 150.28 ft
mls© NumberC13615696
Listed ByHOME STANDARDS BRICKSTONE REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$7,115
Property tax
$569
Heat allowance
$150
Housing costs
$7,834 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $278,000
25-yr amortization

Income needed

$241,000

gross annual household income

Payment at 4%
$5,849 / mo
Cash down
$278,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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