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$899,000
29 Giltspur Dr
Toronto W05, ON M3L 1M4
29 Giltspur Dr, Toronto W05 — Listed at $899,000. 6 bedroom, 2 bathroom Bungalow Semi-Detached. MLS® W13222080.
Description
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.
Property Details
Listing Courtesy of: HARVEY KALLES REAL ESTATE LTD.
MLS® #W13222080


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HouseIndex Take: 29 Giltspur Drive
This semi-detached (Bungalow) is located in the Glenfield-Jane Heights neighbourhood of Toronto.
The home offers 6+3 bedrooms, 2 bathrooms.
Features include a apartment, finished basement, 3 parking spaces.
Additional details: lot dimensions of 31 × 115 feet.
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About Toronto Real Estate
This Semi-Detached is located in the Glenfield-Jane Heights community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity. Semi-detached homes in Toronto provide freehold ownership at a more accessible price point, appealing to first-time buyers and young families.