Toronto W04 M6B 2B6 Ontario
MLS: W12571098
Added 6 hours ago | For Sale
Listed by: RE/MAX REALTRON REALTY INC.
Welcome to 1237 Glencairn Avenue, a versatile and highly sought-after investment opportunity in the heart of Toronto. This well-maintained and freshly painted 2-bedroom bungalow sits on a deep 23.5 x 123 ft lot and offers exceptional potential for end-users, investors, builders, and developers. The main level features a functional layout with good natural light, while the lower level includes a separate, fully tenanted 2-bedroom apartment-ideal for immediate rental income. The home also includes shared coin laundry, a sump pump, and a backflow preventer, adding both convenience and peace of mind.Outside, the property boasts a large backyard, shared driveway, and a detached rear shed, providing ample outdoor space and storage. The seller can provide existing architectural plans for a proposed two-storey triplex with a garden suite, offering multiple avenues for future value creation. Whether you choose to live in, renovate, hold as an income property, or build a new single-family or multi-family dwelling, the possibilities are extensive. With potential opportunities to assemble neighbouring properties for larger development projects, this address represents a rare chance to secure a flexible and high-upside property in a rapidly evolving neighbourhood. A smart buy for today-and an even smarter one for the future. Great access to transit, shopping, and access to all local amenities.
| Level | Type | Features | Dimensions |
|---|---|---|---|
| Main | Living Room | Open Concept, Hardwood Floor | 20 ft, 2 in x 8 ft, 7 in |
| Dining Room | Open Concept, Hardwood Floor | 20 ft, 2 in x 8 ft, 7 in | |
| Kitchen | Ceramic Floor | 8 ft, 2 in x 10 ft | |
| Primary Bedroom | 13 ft, 2 in x 8 ft, 2 in | ||
| Bedroom 2 | 10 ft x 8 ft, 2 in | ||
| Basement | Kitchen | 9 ft, 2 in x 6 ft, 4 in | |
| Family Room | 13 ft, 1 in x 10 ft, 5 in | ||
| Bedroom | 8 ft x 7 ft, 4 in |
No property rooms available.