Toronto duplex going for under $900,000 could be converted into cash cow for new owners
Looking for a home in Toronto that's brimming with potential and won't break the bank?
95 Rogers Rd. is a detached three-bedroom home listed for only $899,900.
Which, in Toronto, is already wild, considering most homes in this area go for $1.3 million.
So, right out of the gate, things are looking promising, and 95 Rogers Rd. could be a solid investment.
Also, this house is in a pretty good location — or, as the listing says, "Location, location, location!"
95 Rogers Rd., while on a major street, is within walking distance of all the necessities, and the transit links are decent, too.
Also in its favour is the fact that this home is a duplex that could be turned into a triplex.
It's basically duplex-ready with two full kitchens and two full bathrooms already in place.
But with a handy side entrance to the basement—this house has triplex potential written all over it!
So if you're looking for a bit of extra income, you could transform this house into a multi-unit rental dream that could probably bring in $2,000 a month, per unit.
The home has tons of character, from the original hardwood floors and trim to the beautiful fireplace on the main floor.
The home also boasts a detached garage, which is always a nice thing to have with Toronto transit being what it is.
That said, 95 Rogers Rd. does need some updating or at least a very, very good clean.
Some of the walls have seen better days, and the basement unit is grim.
There are missing tiles and holes in the ceiling, and who knows what other repairs are lurking out of sight.
But in a city where real estate prices often leave us speechless, this house still feels like a prized rare find.
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