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Property Description
*This Bungalow has Legal Non Conforming grandfathered Basement Apartment which is like having a Legal Basement to rent Legally(Adds Value to House worth up to $100,000)* Also Seller has upgraded with Modern Taste Up and Down that can cost up to $150,000 or more* It is a Great Investment or Multi Generational Home or Downsizer or Starter looking to get help from rent from Basement Estimated Rent worth $2,000* It offers 3 Bedrooms, 2 Full Modern Bathrooms Upstairs, 1 Renovated Bathroom In Basement, 2 New Modern Kitchens, Quartz Counter/Back Splash, Pot Lights, New Driveway for 5 Cars, New Garage Floor, New Paint, Porcelain tiles, Engineered Hardwood Floor and Vinyl Floor and 5 New Stainless Steel Appliances, Solid Wood Garage Door* It will be close to Future McCowan and Lawrence Subway Stop* It has almost 50 foot wide lot to add a 4,000 sq ft mansion later on* It will generate Return on Investment 30% with 7.8% Down Payment includes LTT/Legal Fees/CMHC Premium* With 20% Down Payment, You will get 17.9% Return on Investment* Details at the House* Shingles 2019, Furnace 2006 but running well, CAC 10-12 yrs Running Well* Great Location close to Park, School, Scarboro Town Centre, 401* Two Unit Residential Occupancy Letter available for Grandfathered Legal Apartment* Stone Wall in Basement* Above Grade Windows* Separate Common Laundry Room* Concrete Deck at back* See The Virtual 3D walk Tour to see the beauty of this home*
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Nearby Intersections
Property Features
Park, Place Of Worship, Public Transit, School, Arts Centre, Rec./Commun.Centre, Accessory Apartment, In-Law Suite, Private Double, Natural Gas
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Property Details
Address
16 Woolwick Drive
Community
City
Postal Code
M1H 2J1
Property Type
Detached, Detached
Lot Size
47' x 112'
Taxes
$4,562 (2025
Basement
Apartment, Separate Entrance
Exterior
Deck
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
4
Garage Type
Attached
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Listing contracted with Homelife/Gta Realty Inc.
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