$899,000

6 bd · 2 ba

29 Giltspur Drive, Toronto, M3L 1M4

Local Toronto expert

David W.

Key facts

Size
700-1100 sqft
Lot size
31 x 115 Feet
Street frontage
31 Feet
Style
Bungalow, Semi-Detached
Price / sqft
$817 - $1,284
Taxes
$3,454 (2025)
Parking
None (3 total)
Possession
TBA
Days on market
66 days

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.

Features & amenities

Price history

No price history available for this property yet.

Sales history

No sales history available for this property yet.

Location

29 Giltspur Drive, Toronto, M3L 1M4

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Listing brokerage: HARVEY KALLES REAL ESTATE LTD.