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New4 hours ago

264B BETA Street

Alderwood, Toronto W06

$2,495,000

Detached|2-Storey
3 | 5 | 3
About this home

Turnkey Furnished Investment | Approved Duplex Conversion | Strong Income Potential.An exceptional opportunity for investors seeking a high-performing residential asset with multipleincome strategies. This fully furnished property is positioned for immediate usability and has alreadyreceived approval from the City of Toronto for conversion into a legal duplex-significantly reducingregulatory risk and timelines.Minor completion items remain, and the seller is willing to finalize these upon request, offering a nearturn-key pathway to a compliant multi-unit configuration.The property is strategically designed to support flexible income models, including short-term rental(subject to municipal regulations), long-term tenancy, or a hybrid approach.Projected income potential-based on comparable market performance and configuration mayexceed $100,000 annually, depending on rental strategy, occupancy, and management.Layout Optimized for Income: Second Floor:Three private bedroom suites, each with its own full washroom and second floor laundry, idealfor maximizing rental segmentation and privacy. Main Floor:Expansive open-concept living, dining, and modern kitchen, designed for shared occupancy orpremium rental positioning. Walk-Out Basement:Fully self-contained with separate entrance, second kitchen, full washroom, laundry, and directoutdoor access, well-suited for independent tenancy or extended-stay rental use.

Extras

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TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$7,500
Lot Size24.98 ft x 113.16 ft
mls© NumberW12997040
Listed ByHOMELIFE/CIMERMAN REAL ESTATE LIMITED

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