55 Falaise Road, Toronto - Sold for $892,000 | Modern Solution Realty

55 Falaise Road, Toronto

55 Falaise Road in Toronto - 6 bedroom, 4 bathroom. Sold for $892,000. Listed at $950,000.

A rare opportunity to own a versatile detached home with multiple income-generating units, situated on a large, deep lot with an expansive backyard. Originally a bungalow with two bedrooms and functional living spaces, the home has been expanded to maximize flexibility and rental potential with two separate basement apartments, each featuring a private entrance, kitchen, washroom, and bedroom. The property includes a two-storey side addition with a self-contained apartment offering a kitchen, two bedrooms on the upper level, and a private bath. The generous backyard offers excellent outdoor space and includes a detached shed and a freestanding gazebo, ideal for storage and entertaining. Well-suited for investors, multi-generational living, or owner-occupiers seeking income offset, this property delivers exceptional value and long-term potential. Conveniently located, easy access to 401. Minutes from shopping centers, transit, parks, restaurants, UofT Scarborough, Centennial College. Seller does not guarantee retrofit status of the property.

Property Details

  • Property Type: Mortgage
  • Style: 2-Storey
  • Square Footage: 1750 sqft
  • Basement: Apartment
  • Heating: Electric
  • Cooling: Central Air
  • Parking: 5 spaces
  • Property Taxes: $4,260.59/yr
  • Neighbourhood: West Hill
  • Postal Code: M1E 3B7

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