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About the Listing 572000 -
**Stunning Fully Renovated East York Bungalow with Separate Basement Apartment, Rental Income Potential & Rare Laneway Garage. Exceptional opportunity to own a fully renovated bungalow in the heart of East York featuring 2 self-contained units with separate entrances - perfect for investors, first-time buyers, couples seeking a mortgage helper, multi-generational families, or anyone looking for a turnkey Toronto income property. Extensively renovated top-to-bottom in 2020 with permits and over $250K in premium upgrades, this move-in ready home offers modern open-concept living, designer finishes, chef-inspired kitchens, and full-size washer/dryers on both levels. The bright main floor is ideal for entertaining, while the beautifully finished lower-level suite provides incredible flexibility for rental income, extended family, or private guest space. Previously rented for $1,800/month, the vacant basement apartment offers immediate income potential and an excellent opportunity to offset mortgage costs or maximize investment returns in Toronto's competitive real estate market. This East York home also features a beautifully landscaped low-maintenance backyard with premium astro turf and a rare rear land extension leading to a private detached garage with laneway access - a highly desirable feature rarely found in the area.Located close to TTC, the Danforth, Taylor Creek trails, Stan Wadlow Park, East York Community Centre, schools, shopping, restaurants, biking trails, and major commuter routes. Whether you are searching for a Toronto duplex alternative, house with basement apartment, income-generating property, multigenerational home, investment property in East York, or a beautifully renovated bungalow with rental income potential, this property truly checks every box.
Listing Highlights
Status
Active
Days on Site
18
Property Type
Residential
MLS ®
E13121820
Year Built
Total Square Footage
700
Lot/Acreage
N/A
Interior Details
- Bedrooms: 4
- Bathrooms: 2 Full
- Appliances:
- Air Cond: Central Air
- Heating: Gas
- Fireplaces: Living Room,Natural Gas
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Apartment,Finished,Finished with Walk-Out,Separate Entrance
- Other: Auto Garage Door Remote,In-Law Suite,Water Heater Owned,On Demand Water Heater,In-Law Capability,Accessory Apartment,2 Kitchens
- Water:
Exterior Details
- Garage Capacity: 1 car
- Roof: Asphalt Shingle
- Others: Fenced Yard,Park,Public Transit,Place Of Worship,Rec./Commun.Centre
- Sewer: Sewer
- Parking Features: Mutual,Detached,Has Garage
Financial Details
- Tax Amount: $4,049
- Taxes w/Assessments: N/A
- Tax/Property ID: 104340800
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
972 Cosburn Ave Toronto, ON M4C 2W9
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