473 Vaughan Road, Toronto

Live or rent now in this 2+4 Bedroom Detached Bungalow in great living condition with 4 bed Basement Apartment for additional income ! Or Build later a purpose build rental apartment .City is in favour of building 4 rental unit in this lot plus another 4 rental unit on 471 Vaughan Rd in prestigious Oakwood Village when both lot purchased to gether. Take advantage of government incentive like low CHMC mortgage rate for rental units and City incentive to waive development fee and save on construction HST ( qualified Builders)all these incentives by government makes this an ideal rental investment property .Next door neighbour is also available for purchase to combine these two lots together and build 2X fourplex rental.By purchasing both lots you can have 8 rental and take advantage of all government incentives which make this investment very reasonable.