For Sale - 30 Melchior Drive, Toronto, Ontario

Est payment $4,699/mo
Views   1
Time on Jump  88 day
  • Renovated detached bungalow with six bedrooms and four bathrooms.
  • Two separate kitchens and laundry areas for multi-generational living.
  • Basement units have high rental potential, offering great income opportunities.
  • Fenced yard included, great for privacy and outdoor activities.
  • Updated electrical system and major appliances provided with the home.



Amazing renovated detached bungalow! Close to all amenities. ? This detached bungalow is an exceptional opportunity, boasting extensive renovations and significant income potential. The home features a total of six bedrooms (3 on the main floor and 3 in the basement) and four full bathrooms, making it ideal for a large family or for generating rental income. ? With two separate kitchens and two dedicated laundry areas, the property is perfectly set up for a multi-generational living arrangement or as an income-generating rental unit. "the basement units could potentially rent for over $3,000 per month (no retrofit)" the entire house has been updated with more than $100,000 in renovations, including led ceiling lights throughout. The electrical system has been upgraded to a 200 amp service. The property also includes a fenced yard and comes with all major appliances, including three fridges, two stoves, and two sets of washers and dryers. Patio door. Roofing done 2019 & hot water tank rental 2022.
Listing IDE12412792
Address30 Melchior Drive
CityToronto, Ontario
Price$948,000
Bed / Bath6 / 4 Full
StyleBungalow, Detached
ConstructionBrick
TypeResidential
StatusFor Sale
Subtype DetachedIndoor Features Carpet Free, Primary Bedroom - Main Floor, Water HeaterOwnership FreeholdBasement Finished, Separate EntranceFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 3.00
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Listing Agency:  HOMELIFE TODAY REALTY LTD.
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30 Melchior Drive
Toronto , Ontario
6 4 $948,000
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