38 Cresthaven Dr E, Toronto, M2H 1M1

Listing Overview

Description

Attention builders and developers! Incredible opportunity. Income Property $5,500 monthly rental income + Paid Utilities. Ideal for easider Mortgage approval with existing income to qualify for a mortgage to buy now before prices are up to the roof, refinance after the mortgage rates are much down later in 2025. Can build 3 units, each with their own civic address: 1 Tristan Cres, 36 & 38 Cresthaven Drive (without severence). Rebuild 3 units incl. garden suite on sloped lot, setback is less than current building's widest area. Prime location with new mansions nearby. Act fast! Huge Potential in North York, Toronto. Ideal for families or investors not currently qualified for conventional mortgage with assumption of tenancy & high rental income. Conveniently located near top-rated schools & Seneca College. Don't miss out on this value-packed easy mortgage qualifier property / redevelopment opportunity in a sought-after neighborhood! Tenant might leave with 30 days notice! Charming, fully renovated 3+2 Bdrm (5 bedrooms in total on two floors), 4 Bath side-split with the largest deck in town & amazing outdoor space, ideal for entertaining. Rented fully furnished! Don't miss out! Very motivated Realtor Seller!

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On Market

Land

Property Type

$5,710 / Year

Est. Taxes

Designated

Style

Residential

Business Type

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Franchise