32
$788,800 Sale
Listed 11 days ago
475 FORFAR STREET E
· 3+1
· 2.0
· 6
· 700 - 1100
Key Facts
Key facts for 475 FORFAR STREET E
Property Type
House
Parking
Garage: Yes, 6 parking
MLS #
X13851480
Size
700 - 1100 sqft
Basement
Partially finished, N/A, N/A (Partially finished)
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
-
Maintenance Fee
-
Description
2 self-contained units, separate hydro meters, the potential for strong rental income. Previously generating $2,800/month for the upper unit & $2,100/month for the lower unit. Whether you're looking to offset your mortgage, accommodate multi-generational living or just make $4,900 per month! Situate...d on a 50' x 130' lot with no sidewalk, this property enjoys a premium location facing a tranquil tree-lined and backing directly onto the Elora Trail & Forfar Park. The bright and spacious upper unit features 3 bedrooms and 1 full bathroom, complemented by large windows and skylights that fill the home with natural light. The expansive kitchen offers abundant counter space, newer appliances, in-suite laundry, and convenient access to the fully insulated garage. Step outside to the walkout deck overlooking the private backyard-perfect for relaxing or entertaining. The professionally finished lower level has been converted into a separate self-contained unit with its own walkout entrance to the backyard. Designed with comfort and style in mind, it features oversized windows, a full-size kitchen with stone countertops and a modern backsplash, a spa-inspired bathroom, & a spacious bedroom large enough to accommodate a king-size bed. Baseboard heating provides independent temperature control for added comfort during the winter months. Additional features include no carpet throughout, newer appliances, ample driveway parking, & the option to divide the backyard into separate outdoor spaces for each unit. For buyers seeking a single-family layout, the home can easily be converted back by removing one interior wall, allowing access between the upper and lower levels. An outstanding investment opportunity with proven rental history, previously generating $2,800/month for the upper unit & $2,100/month for the lower unit. (id:10452)
Room Types
Bathroom
-
Dimensions 1.22 m x 2.76 m
36.24 sqft
Bathroom
-
Dimensions 2.24 m x 1.5 m
36.17 sqft
Bedroom
-
Dimensions 2.7 m x 5.09 m
147.93 sqft
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Listing courtesy of: CENTURY 21 RED STAR REALTY INC.
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