154 Fifth Street

Toronto, ONDetached
$999,000
MLS® W13853544
Detached3 beds2 baths2 total
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About This Property

Welcome to a rare stunning detached home, ideally located just steps from Toronto's waterfront, offering the perfect combination of lifestyle, location, and exceptional income potential.A Convenient access to the TTC streetcar and GO Transit makes commuting to downtown Toronto. Enjoy lakeside living surrounded by beautiful parks, waterfront trails, excellent schools, public transit, and the shops, restaurants, and amenities along Lake Shore Boulevard all while being just a short drive from downtown Toronto. Inside, the home features a bright and spacious open-concept main floor filled with natural light, with separate living and dining areas perfect for everyday living and entertaining. What truly sets this property apart is its rare oversized lot and incredible income potential. The fully finished basement features a separate side entrance, creating an excellent opportunity for additional rental income while maintaining your own private living space upstairs. The expansive, private, gated backyard offers plenty of room for entertaining and family enjoyment, featuring a large patio, hot tub, retractable swing, shed, and generous green space. With convenient laneway access, an already-poured concrete slab, and hydro hookup along the rear fence line, the property also offers the exciting opportunity for a Garden Suite, creating the potential for an additional living space and another source of income. Whether you're a first-time buyer looking to help offset your mortgage, a family seeking more space, or an investor searching for a property with multiple income possibilities, this home delivers tremendous versatility and long-term potential. Steps from the lake, an oversized lot, a separate-entrance basement, and Garden Suite potential-this is much more than a home; it's an opportunity to live, invest, and grow in Toronto. (id:63604)

Key Facts

Type
Detached
Beds
3
Baths
2
Size
700 sqft
Lot
32 x 118.3 FT
Parking
2 total

Highlights

  • All
  • Washer
  • Refrigerator
  • Hot Tub
  • Dishwasher
  • Stove
  • Dryer
  • Microwave
Property Details 20 details
Bedrooms
3 bedrooms
2 above grade + 1 below grade
Bathrooms
2 bathrooms
Parking
2 parking spaces
No Garage
Living area
700 - 1,100 sq. ft.
Property
Single Family · Bungalow · Freehold · Detached
Property subtype
Single Family
Structure type
House
Architectural style
Bungalow
Ownership
Freehold
Attached status
Detached
Storeys
1
Basement
Separate entrance
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Fireplace
No
Lot dimensions
32 x 118.3 FT
Frontage
32 feet
Taxes
$4,456.65
Water source
Municipal water
Sewer
Sanitary sewer
Waterfront
Lake Ontario

Interior features

AllWasherRefrigeratorHot TubDishwasherStoveDryerMicrowaveHardwoodLaminate

Exterior features

BrickConcrete

Systems and association

SewerElectricityCable

Lot and water

Carpet Free
Rooms 11 rooms
Level
Room
Dimensions
Main level
Living room
3.73 m x 3.77 m
Basement
Laundry room
1.1 m x 2.5 m
Main level
Dining room
4.2 m x 3.6 m
Main level
Kitchen
3.64 m x 3.38 m
Main level
Foyer
2.91 m x 1.24 m
Main level
Primary Bedroom
3.7 m x 3.38 m
Main level
Bedroom 2
3 m x 2.84 m
Main level
Bathroom
1.61 m x 2.37 m
Basement
Recreational, Games room
7 m x 6.4 m
Basement
Bathroom
1.9 m x 2.2 m
Basement
Bedroom 3
6.4 m x 3.1 m
Mortgage & Affordability Estimate monthly costs
Purchase price$999,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
New Toronto
City
Toronto
Postal code
M8V 2C7
Nearby
Islington Ave. And Lake Shore Blvd W.