55 Falaise Road

About This Property

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.