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Property Description
This is a well-maintained detached bungalow with a fully legal basement apartment, offering strong flexibility for both families and investors. The main floor features a bright and functional layout with 3 spacious bedrooms and 1.5 bathrooms, designed for comfortable everyday living. Large windows and an open, practical flow bring in plenty of natural light throughout the home. The basement includes a legal 4-bedroom apartment, providing excellent potential rental income or multi-generational living. It is fully equipped with it's own kitchen and separate living space, making it a valuable mortgage helper. Recent upgrades such as a new furnace, new windows, and a tankless water heater (2024) add peace of mind and reduce future maintenance costs. Outside, the property sits on a premium lot with a large backyard, ideal for outdoor activities, gardening, or family gatherings. There is also parking for up to 5 vehicles, which is a strong advantage in the area. Conveniently located close to Scarborough Town Centre, schools, transit, and major amenities, this home offers both lifestyle convenience and investment upside. Overall, this is a trunkey property with strong rental potential, modern upgrades, and a desirable location-ideal for homeowners to offset costs or investors seeking solid cash flow.
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Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2022-02-10 | 2022-02-15 | 5 | $849,900 | $1,480,000 |
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Property Features
Fenced Yard, Hospital, Library, Park, Public Transit, School, Carpet Free, Smoke Detector, 32 Inch Min Doors
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Property Details
Address
47 Munson Crescent
Community
City
Postal Code
M1P 3M8
Property Type
Detached, Detached
Lot Size
43' x 173'
Acreage
8,492.7 Feet
Taxes
$4,660 (2025
Basement
Apartment, Separate Entrance, Finished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
4
Garage Type
Carport
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Listing contracted with Re/Max Crossroads Realty Inc.
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