29 Giltspur Drive, Toronto (Glenfield-Jane Heights)

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66 days ago
$899,000

29 Giltspur Drive

Toronto (Glenfield-Jane Heights), Ontario M3L1M4

MLS® Number: W13222080

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Bed 6 Bedrooms
Bath 2 Bathrooms
Feet 700 Square Feet

Listing 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. (id:47966)

(W13222080)

Property Summary

Property Type House
Building Type House
Square Footage
700 sqft
Neighbourhood Name Toronto (Glenfield-Jane Heights)
Time on REALTOR.ca 66 days

Building

Bathrooms

Total 2

Bedrooms

Above Grade 6
Below Grade 3

Interior Features

Appliances Included Washer, Refrigerator, Dishwasher, Oven, Dryer, Cooktop, Freezer
Flooring Laminate, Ceramic
Basement Type Finished, Apartment in basement, N/A, N/A

Building Features

Features
Brick ,
Structures
House
Foundation Type
Unknown

Heating & Cooling

Cooling
Central air conditioning
Heating Type
Forced air, Natural gas

Exterior Features

Exterior Finish
Brick

Location

29 Giltspur Drive, Toronto (Glenfield-Jane Heights)

Neighbourhood Features

Community Features

Community Centre

Zoning

Residential

Parking

Parking Type: No Garage
Total Parking Spaces: 3
Parking Features: No Garage

Measurements

Square Footage: 700 sqft
Total Finished Area: 0 sqft

Rooms

Basement
Bedroom
9.58 Ft x 9.06 Ft
Bedroom
9.58 Ft x 9.06 Ft
Kitchen
10.01 Ft x 8.86 Ft
Recreational, Games room
19.36 Ft x 9.84 Ft
Bedroom
9.81 Ft x 9.19 Ft
Main level
Living room
17.72 Ft x 10.01 Ft
Dining room
10.66 Ft x 9.84 Ft
Kitchen
10.76 Ft x 9.35 Ft
Primary Bedroom
15.26 Ft x 9.68 Ft
Bedroom 2
9.78 Ft x 9.61 Ft
Bedroom 3
9.61 Ft x 8.99 Ft

Other Property Information

Zoning Description
Residential

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