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120 & 122 EARLTON ROAD, Toronto (Tam O'Shanter-Sullivan) — listed at $2. Earn buyer cashback at closing. No catches, just more money in your pocket.
Attention Builders, Developers & Investors! Opportunity to acquire two adjoining properties at 120 & 122 Earlton Rd, offering a combined approximate lot area of 26,780 sq. ft. in Scarborough's Tam O'Shanter-Sullivan community, near Kennedy Rd and Hwy 401. Explore the potential for land assembly, severance or multi-unit redevelopment, subject to applicable approvals. Properties are available individually or together. Buyers and their agents to independently verify all measurements, zoning, permitted uses, servicing and development potential. (id:60164)
Is this a good starter home?+
At $2, this is priced in starter-home territory for Toronto (Tam O'Shanter-Sullivan). With multiple bedrooms, it has room to grow into. Factor in property taxes when calculating your true monthly cost.
Is 120 & 122 EARLTON ROAD a good fit for a growing family?+
With 7 bedrooms and 3 bathrooms, there's room for kids plus a guest room or home office.
What's the parking situation?+
This property includes 8 spaces — Attached Garage, Garage.
Could this work as an investment property?+
The basement description mentions: Finished, Separate entrance, Walk out, N/A, 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 (Tam O'Shanter-Sullivan) before counting on it.
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 are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $10,904, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
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