65 Whitley Avenue, Toronto W05

About this property

EXTREME INVESTMENT & MULTIGENERATIONAL OPPORTUNITY IN PRIME DOWNSVIEW! Welcome to 65 Whitley Avenue, a meticulously updated detached bungalow situated on a premium 50 x 120-foot lot. Whether you are a savvy investor seeking dual-income streams, a multigenerational family needing separate living spaces, or a first-time buyer looking for a massive mortgage helper, this turnkey property delivers on every level. TOP-TIER RENTAL POTENTIAL & LAYOUT: Main Floor (1,125 sq ft): Bright and spacious 3-bedroom, 1.5-bathroom layout with a modern kitchen and dedicated computer niche. Estimated Market Rent: $3,000 - $3,200 + utilities. Legal Basement Apartment (1,025 sq ft): Professional City Permit-approved suite ($100k+ value). Features 3 large bedrooms with individual locks-perfect for renting to 3 professionals (Co-Living) to maximize yield. Includes 1.5 bathrooms, a full kitchen, and a Separate Entrance. Estimated Market Rent: $2,400 - $2,700 (or $900-$1,000 per room). Dual Laundry: Total convenience with two separate laundry rooms (one on each level). PREMIUM UPGRADES & PEACE OF MIND: Over $85,000 recently spent on quality improvements, Basement New Plumbing & New Walls-Ceiling 5/8th Drywalls w/Roxul(2016), 100-amp Circuit Breaker Upgraded and Electrical Wiring done with ESA Inspection(2016) , newer furnace (2016), Shingles(2012), CAC(2012), Washer/Dryer Main (2016) , . The long driveway fits 6 cars and features a dedicated EV Charger Outlet-a major draw for modern tenants. DEVELOPMENT & FUTURE VALUE: Located in a rapidly appreciating pocket with Garden Suite potential due to the deep 120ft lot. The massive 50ft frontage also offers incredible potential to build a Custom Luxury Mansion or a modern multiplex in the future. LOCATION: Unbeatable access! Steps to TTC, minutes to Yorkdale Mall, Hwy 401, Costco, and the new Humber River Hospital. Don't miss this "Triple-Threat" property: Cash flow today, multi-gen living tomorrow, and massive land value for the future!