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19 GRANITE STREET, Toronto (Clanton Park) — listed at $1,290,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
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 ! (id:60164)
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $6,832, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
What makes this a luxury property?+
At $1,290,000, standout features include 4 bathrooms. In this price range, expect higher-end finishes — verify during a showing.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
Does it have a basement, and is it finished?+
Yes — Finished, N/A. A finished basement adds meaningful living space beyond the listed square footage.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
What's the parking situation?+
This property includes 8 spaces — Attached Garage, Garage.
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