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    For Sale - 29 Giltspur Drive, Toronto, Ontario

    Est payment $4,562/mo
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    Views   1
    Time on Jump  14 day

    AI Summary *

    • Fully self-contained duplex with two separate apartments and private entrances.
    • Stably rented units provide immediate positive cash flow from day one.
    • Recent updates include a new furnace, A/C, and renovated kitchens and baths.
    • Separate hydro meters for each unit enhance utility management and privacy.
    • Turnkey investment in a strong rental market with long-term tenants.




    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.
    Listing IDW13222080
    Address29 Giltspur Drive
    CityToronto, Ontario
    Price$950,000
    Bed / Bath6 / 2 Full
    StyleBungalow, Semi-Detached
    ConstructionBrick
    TypeResidential
    StatusFor Sale

    Subtype Semi-Detached Indoor Features Separate Hydro MeterAmenities Hospital, Library, Park, Public Transit, Rec./Commun.Centre, SchoolOwnership FreeholdBasement Apartment, FinishedFoundation UnknownHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 3.00
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    Listing Agency:  HARVEY KALLES REAL ESTATE LTD.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    29 Giltspur Drive
    Toronto , Ontario
    6 2 $950,000
    Get more info