Property

Ownership: For Sale
Type: Unknown
Bedrooms: 6 BR
Bathrooms: 5
Pets: Pets No

Financials

Price:C999,800
($728,514.27)
(€625,591.89)
Annual Taxes:C4,690.42
505 Park Ave, New York, NY 10022

Description

Fully Renovated Turnkey Gem with High Rental Potential | Prime Scarborough Location Near UofT & Centennial College Welcome to your dream home or next smart investment. This fully gutted and meticulously renovated bungalow offers 6 bedrooms, 5 full bathrooms, and a legal separate entranceideal for multi-generational living or high-yield rental income. Located minutes from University of Toronto Scarborough, Centennial College, Hwy 401, STC, TTC, and GO Station, this home sits in a high-demand rental area perfect for student tenants or extended families. The main floor features 3 spacious bedrooms, 2 elegant bathrooms with marble accents, and a chef-inspired kitchen boasting custom Persian cabinetry, a waterfall island, and engineered hardwood floors. The basement includes 3 more bedrooms, 3 full bathrooms, a second full kitchen, laundry, and private entrancemaking it a textbook example of a rent hack opportunity. Enjoy peace of mind with a new roof, new HVAC system, owned hot water tank, brand new windows throughout, and professionally rebuilt attic. The home also features a striking wide front door entrancea rare upscale touch that enhances both curb appeal and functionality, making every arrival feel grand. Fresh landscaping, brand-new interlock, and new driveway asphalt complete the stunning exterior. With parking for up to 6 vehicles and a private backyard with no rear neighbors, this home blends comfort with unbeatable urban access. Whether you're looking to live in style or cash flow smartlythis home delivers. Rental income of $5,500/month in today's market, with historical highs of $6,500/month, makes this property a top pick for savvy buyers.

Amenities

  • Carpet Free
  • Living Room
  • Water Heater Owned

Fully Renovated Turnkey Gem with High Rental Potential Prime Scarborough Location Near UofT amp ; Centennial College Welcome to your dream home or next smart investment.


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.