4 Beds 4 Bath

503 COTE Street, OverbrookCastleheightsandArea, ON K1K 0Z8

Overbrook - Castleheights and Area K1K 0Z8 Ontario

MLS: X12034379

$1,049,900

Added 37 days ago | For Sale

Listed by: AVENUE NORTH REALTY INC.

About Property

Welcome to 503 Cote Street. A Beautifully Maintained 2019-Built Semi-Detached with Exceptional Income Potential. This property offers incredible flexibility with a legal secondary dwelling unit, each with it's own private entrance. Whether you're looking to live in one unit and rent the other, or rent out both, this property generates approximately $53,000+ in annual rental income.Tenants pay all utilities except water, making this an efficient investment. Each unit is independently heated and has it's own hydro meter, while sharing one water meter. The main (upper) unit boasts a stylish open-concept layout with upgraded pot lights, large windows that bring in natural light, and a modern kitchen featuring stainless steel appliances, a center island, and ample cabinetry. The spacious primary suite includes a walk-in closet and a luxurious 5-piece ensuite with double vanity. You'll also find three additional bedrooms, a full guest bathroom, and the convenience of second-floor laundry. This unit includes both a garage space and surface parking. The lower-level secondary dwelling unit offers a bright, open living space with a full kitchen, one bedroom, a 4-piece bathroom, and it's own laundry and storage area perfect for students, young professionals, or extended family. This unit comes with one surface parking space. Enjoy outdoor living in the private, landscaped backyard, ideal for relaxation and entertaining. Vacant possession is available. The current owner occupies the lower unit, and the upper unit will be vacated by tenants on May 16th, 2025, allowing you to set your own rents or move in comfortably. Don't miss this versatile, income-generating opportunity in a fantastic location. Book your private showing today!

Features

  • House Style:Semi-Detached
  • Bathrooms:4
  • Land Size: 25 X 86.42
  • Water:Municipal
  • Garage Spaces: /Attached
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Cote Street and Vernon Avenue
  • Basement:Full,Finished , Full,Finished
  • Possession Date:TBA
  • Annual Property taxes: $6864
  • Bedrooms:4 +1
  • Total Parking Spaces:2
  • Parking Places:2
  • Heating Type:Baseboard
  • Pool Type:None
  • Exterior:
  • Direction Facing:North
  • Front Footage:
  • Listing ID:X12034379

Level Type Features Dimensions
Main Foyer 0 ft x 0 ft
Utility Room 7 ft, 5 in x 4 ft, 5 in
Powder Room 4 ft, 10 in x 4 ft, 4 in
Kitchen Stainless Steel Appl, Centre Island 14 ft, 3 in x 14 ft, 2 in
Dining Room 12 ft x 11 ft
Living Room Pot Lights, Overlooks Backyard 18 ft, 7 in x 13 ft, 9 in
Second Primary Bedroom Walk-In Closet(s) 18 ft, 8 in x 17 ft, 3 in
Bathroom 5 Pc Ensuite, Double Sink 8 ft, 6 in x 7 ft, 11 in
Bedroom 2 Closet 14 ft, 3 in x 9 ft, 2 in
Bedroom 3 Closet 15 ft, 3 in x 9 ft, 2 in
Bedroom 4 Closet 11 ft, 7 in x 8 ft, 11 in
Bathroom 4 Pc Bath 9 ft, 4 in x 5 ft, 2 in
Laundry Laundry Sink 9 ft, 3 in x 5 ft, 2 in
Lower Kitchen Stainless Steel Appl 10 ft, 6 in x 8 ft
Dining Room 8 ft, 1 in x 6 ft, 11 in
Living Room Pot Lights 13 ft, 6 in x 10 ft, 6 in
Bedroom Closet 14 ft, 7 in x 9 ft, 10 in
Bathroom 4 Pc Bath 9 ft, 10 in x 4 ft, 11 in
Laundry 10 ft, 11 in x 6 ft, 11 in
Utility Room 10 ft, 8 in x 6 ft, 11 in

No property rooms available.

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