19 Granite Street, Toronto, ON M3H 3K1

$1,390,000
7
BD
4
BA
1,100
SqFt

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List Price
$1,390,000
MLS#
C13615696
Status
ACTIVE
Type
Single Family Residential
SubType
Detached
Style
Bungalow
Bedrooms
7
Bathrooms
4
Living Area
1100-1500
Province
ON
Municipality
Toronto
Area
Toronto
Neighborhood
Clanton Park
Subdivision
Sheppard & Faywood

Property Description

Welcome to this rare opportunity in the heart of Toronto's highly desirable Clanton Park community! Situated on an impressive 50 x 150 ft lot, this spacious Bungalow offers both immediate rental income potential and long-term investment value. With a thoughtfully designed layout, the property features 4 self-contained units, each with separate entrances, generating a solid rental income of approximately $5,250 per month-perfect for helping cover your mortgage while you live comfortably in the main floor residence. Step inside the bright and airy main level, where the current owner occupies a charming 3-bedroom space filled with natural light, a welcoming family atmosphere. The lower and side units have been carefully configured to maximize privacy and rental appeal, providing well-maintained kitchens, bathrooms, and practical living areas that attract strong tenant demand in this high-traffic neighborhood. Enjoy the convenience of an oversized double garage and an extra-large driveway accommodating up to 6 vehicles, a true rarity in Toronto. The expansive backyard offers endless potential-whether for gardening, family gatherings, or even future redevelopment. Investors will appreciate the lot size and zoning flexibility, while end-users can enjoy the stability of living in one unit while leveraging rental income from the others. Location is everything, and this property delivers: just minutes to Wilson Subway Station, Yorkdale Mall, Allen Road, Highway 401, schools, parks, and community amenities. Clanton Park is known for its family-friendly atmosphere, established community, and unbeatable transit access. Whether you're looking for a primary residence with mortgage support, a multi-unit investment property, or a future redevelopment project, this home checks all the boxes. Prime Investment Opportunity ! High-yield property with full four-plex potential. A must - see !

Additional Information

Taxes
$6,832
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Kitchens
4
Exterior
Stucco (Plaster), Vinyl Siding
Garage Spaces
2
Garage Type
Attached
Pool
None
Parking Spaces
8
Parking Type
Private Double

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of HOME STANDARDS BRICKSTONE REALTY.