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352 CALEDONIA ROAD, Toronto (Caledonia-Fairbank) — listed at $988,888. Earn buyer cashback at closing. No catches, just more money in your pocket.
Excellent investment opportunity at 352 Caledonia Rd in Toronto, offering a well-maintained 5 unit property with strong existing rental income and additional potential. The property features two spacious 3-bedroom units and two 1-bedroom units, plus a finished basement apartment providing additional contributing value. The two 3-bedroom units have reported rents of $2,550 per month each, all-inclusive. One 1-bedroom unit is currently owner occupied with market rent of approximately $1,800 per month, while the other 1-bedroom unit is rented at $2,000 per month, all-inclusive. Buyers to satisfy themselves regarding its retrofit and legal status.Offering excellent flexibility for investors, multi-generational families, or buyers looking to occupy one unit while benefiting from rental income from the others. Convenient Toronto location with easy access to transit, shopping, schools, parks, major roadways and everyday amenities. A rare opportunity to acquire an income-producing property with multiple units and long-term investment potential. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Bedroom 2 | Ground level | 3.25 x 3.25 meters |
| Living room | Ground level | 4.25 x 4 meters |
| Bedroom | Second level | 4.5 x 3 meters |
| Kitchen | Second level | 3.5 x 2.75 meters |
| Bedroom | Second level | 4 x 2.75 meters |
| Kitchen | Ground level | 3.5 x 3 meters |
| Dining room | Ground level | 3.25 x 3.25 meters |
| Living room | Second level | 3.5 x 3 meters |
| Primary Bedroom | Ground level | 3.5 x 3.25 meters |
What's the parking situation?+
This property includes 4 spaces — No Garage.
Could this work as an investment property?+
The basement description mentions: Apartment in basement, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Toronto (Caledonia-Fairbank) before counting on it.
Does it have a basement, and is it finished?+
The listing describes the basement as: Apartment in basement, N/A. Confirm the finishing status during a showing — it affects both livable space and resale value.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
How is the home heated? Is it efficient?+
Heating is natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Is 352 CALEDONIA ROAD a good fit for a growing family?+
With 7 bedrooms and 6 bathrooms, there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
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