516 HIGHBURY Avenue

About This Property

Amazing bungalow with immense investment potential. Situated on a spacious 200-ft deep lot, it offers the opportunity for future laneway suite development. With a separate entrance, the potential to create a second unit is within reach. Extensively renovated since 2019, this home has seen updates to essential components, including the stove, washer & dryer, refrigerator, electrical, plumbing, furnace, and air conditioner – all completed in 2020. The main floor is full of natural light with oversized windows. The open-concept living room features a charming wood fireplace and seamlessly connects to the formal dining area. The tastefully updated kitchen showcases newer appliances, while the master bedroom can double as a cozy living space with its slider leading to a new deck and expansive yard. On the lower level, you'll find a family room, bedroom, and a 3-pieces bathroom with a separate entrance – perfect for added privacy or potential rental income. Ample storage is available in the utilities room and bonus room. Conveniently located within walking distance to park and stores, and with easy access to the 401 Highway. This home is much larger than it appears and presents a remarkable opportunity for both homeowners and investors.