56 Prescott Avenue

About This Property

Attention first-time buyers and savvy investors! Embrace the opportunity to Customize and renovate this charming 3-bedroom detached house into your dream home or lucrative investment property. Nestled in the trendy Caledonia + St Clair neighborhood, this property offers immense potential for renovation and income generation. Create the perfect space for you and your family, or tailor it for maximum rental income potential, with an additional brand-new garage that can be converted to a laneway suite! - **Income Opportunities: ** Finish the basement renovation to create an additional income unit with a separate entrance. Utilize the newly built garage as a parking space or convert it into a laneway suite for additional rental income. - **Prime Location: ** Situated on an approximately 18 x 120 Ft Single Lot with a Laneway Double Garage, this property is half a block away from TTC access, close to the Subway Station, schools, parks, a community center, and the Stockyard Shopping Centre.