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Peel,ON L5N 1P3
Key Details
Property Type Multi-Family
Sub Type Semi-Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision Meadowvale
MLS Listing ID W12485403
Style Bungalow-Raised
Bedrooms 4
Annual Tax Amount $5,562
Tax Year 2025
Property Sub-Type Semi-Detached
Property Description
Turn key Investment & First-Time Buyer Opportunity Legal Duplex with Strong Rental Income & Prime Location This rare semi-detached bungalow with 1100 sq ft upstairs and 700 sq ft lower unit, on a premium extra-wide pie-shaped lot is a perfect opportunity for both investors and first-time buyers. Featuring a legal duplex with two independent units, this property offers immediate cash flow and the chance to build equity in a high-demand, transit-accessible neighborhood. The newly renovated main floor unit includes 3 bright bedrooms, 1 bathroom, and a spacious living area with a new walk-out deck, ideal for home owner or tenant enjoyment, perfect for entertaining, gardening, or relaxing. The legal basement apartment, with its separate entrance, offers 1 bedroom, 1 bathroom, a full kitchen, separate laundry room, and open living space currently rented to a reliable tenant, generating strong rental income to offset your mortgage or boost returns. Future-proofed with a new furnace, air conditioner, and new underground pipes, this home ensures low maintenance and long-term profitability. Located within walking distance to parks, schools, and the Meadowvale GO Station, this property attracts quality tenants growing families or commuters. Whether you're seeking a hands-off, income-generating investment with future growth potential or a smart starter home in a family-friendly neighborhood, this legal duplex delivers stability, versatility, and value. Dont miss this unique opportunity! 1100 sq ft upstairs + 700 sq ft legal lower
Location
Province ON
County Peel
Community Meadowvale
Area Peel
Rooms
Family Room No
Kitchen 2
Interior
Cooling Central Air
Exterior
Exterior Feature Deck,Patio,Porch
Parking Features Private Double
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Building
Foundation Concrete