Exceptional multi-family/mortgage covering bungalow offering rare features, 4+3 bedrooms and 5 full bathrooms, providing outstanding flexibility for investors, multi-generational living, or executive rental use. The professionally finished lower level (over $170K in upgrades) includes a private entrance, 3 bedrooms, 3 bathrooms, and in-suite laundry, generating $4,000/month in current income, and potential up to $9,000/month if the upper level is also leased-an income profile guarantees your mortgage payment. A separate backyard studio adds further flexibility for a home office, guest suite, or additional income opportunity (buyer to verify use). The property is offered fully furnished, including furniture, TVs, refrigerators, and appliances, allowing for immediate occupancy or turnkey rental operation. Ideally located in the highly sought-after Bayview Secondary School district, just minutes to GO Transit, Yonge & Bayview, top-ranked schools, parks, and transit. A true living-investment-grade bungalow combining new finishes, strong cash flow, and prime location-an opportunity that stands apart in today's market.
Address
272 Conestoga Avenue
List Price
$1,388,000
MLS® Status
New
Expiration Date
2026-07-14
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
Bungalow
Transaction Type
Sale
Area
Richmond Hill
Sub-Area
Harding
Region
York
Bedrooms
5 + 3
Bedrooms (Total)
8
Rooms Above Grade
6
Bathrooms
5
Floor Area
1500-2000 Sq. Ft.
Lot Depth
100
Lot Size Units
Feet
Lot Width
55
Parcel Number
031430099
Occupant Type
Tenant
Cross Street
Bayview/Major Mack
MLS® Number
N12692826
Listing Brokerage
CENTURY 21 PERCY FULTON LTD.
Basement Area
Apartment, Finished
Postal Code
L4C 2H2
Posession Details
Tenant
Parking Places (Total)
5
Parking Spaces
4
Tax Amount
$5,689.70
Tax Year
2025
Interior Features
Carpet Free
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick Front
Direction Faces
West
Fireplace
No
Foundation Details
Concrete Block
Garage
Yes
Garage Type
Attached
Covered Spaces
1
Kitchens Total
2
Kitchens Above Grade
1
Kitchens Below Grade
1
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
LT 108 PL 4727 RICHMOND HILL ; S/T RH7874 RICHMOND HILL
Waterfront
No
Sewer
Sewer