Key Facts
- Listed By:
- ROYAL LEPAGE PINNACLE REAL ESTATE
Property Description
Attention Investors & Savvy Homebuyers! Rare opportunity to secure a high-yield, semi-detached fully renovated raised bungalow in the highly coveted Erindale pocket. Featuring a Partial vacant, legal-style 3+2 bedroom layout with 3 total bathrooms and a completely separate basement entrance. This property is an absolute cash-flow machine boasting a projected 6.4%+ Cap Rate and an estimated $57,600/year in gross rental income. The bright and spacious upper level features vinyl floors, an upgraded eat-in kitchen, and a primary bedroom with a rare 3-piece ensuite. The lower level offers a massive, fully self-contained 2-bedroom suite with its own kitchen, full bath, separate laundry, and large above-grade windows-perfect for premium student rentals or multi-generational living. Location is everything: Walk to the University of Toronto Mississauga (UTM), Erindale Park, top-rated schools, and direct transit to Square One. Whether you want to live upstairs and let the basement pay your mortgage, or rent both units for maximum ROI, turn-key properties with this kind of math do not last. Do not miss this one!
Rooms
- TypeLevelDimensionsFlooring
- Living roomGround floor13' 3" x 15' 1.4"Other
- Dining roomGround floor8' 8.7" x 10' 2"Other
- KitchenGround floor9' 6.1" x 16' 3.6"Other
- OtherGround floor10' 2" x 14' 3.2"Other
- BedroomGround floor9' 9.3" x 12' 10.3"Other
- BedroomGround floor8' 4.5" x 9' 6.6"Other
- KitchenBasement10' 6.7" x 11' 5"Other
- BedroomBasement7' 3" x 12' 9.5"Other
- BedroomBasement10' 2" x 11' 4.6"Other
- DenBasement7' 10.8" x 10' 2"Other
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Location
3361 The Credit Woodlands, Mississauga, Ontario, L5C 2J9 Canada
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