42 GLEN MANOR DRIVE, Toronto (The Beaches), Ontario, M4E2X2

Property Description

Only 14 homes from the beach, this exceptional purpose-built duplex (non-conforming, 3 separate kitchens) offers an incredible opportunity for investors and end-users alike. Whether you're looking to generate strong rental income, live in one unit and collect rent, house your family under one roof or design your dream owner's suite, this property fits the bill. The home features three separate kitchens and spacious units, including two vacant two-bedroom suites ready to be rented immediately or occupied by the new owner. It's perfectly suited for multigenerational living, allowing extended family to live comfortably under one roof while maintaining privacy and independence and offers two car parking at the rear. Significant infrastructure upgrades provide peace of mind and reduce short-term costs: roof replaced in 2018, new boiler & 600ft of new plumbing lines in 2020, driveway redone in 2022, upgraded wiring, and window replacement in 2025. The 3 kitchens have been thoughtfully updated featuring dishwashers, quartz countertops and new cabinetry, complemented by fresh paint, new lighting, and new entry doors to each unit. Enjoy the charming updated porch and private patio (with composite decking); the perfect outdoor spaces to relax and take in the lake breeze. A rare opportunity to own a turn-key, income-generating property in an unbeatable beachside location - with the option for you, your family or kids to move in now or in the future! (id:64974)

Quick Facts

• Property Type: House (Freehold)
• Bedrooms: 5 (4 above, 1 below)
• Bathrooms: 3
• Ownership: Freehold
• Attached: Yes
• Parking: 2 spaces (No Garage)
• Frontage: 22 ft (6.7 m)

Costs

• Annual Taxes: $8,634.30

Listing Provided by: RE/MAX HALLMARK REALTY LTD.
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.