2531 MORRISON AVENUE, Mississauga (Erindale), Ontario, L5C3J6
Rare Opportunity in Highly Sought-After Huron Park! Fully Renovated Executive Detached Home Featuring Two Legal Self-Contained Basement Apartments Generating Approximately $4,000 Per Month ($48,000 Annually) in Rental Income. Ideal for families seeking mortgage-helper income, multi-generational living, or investors looking for a turnkey asset in one of Mississauga's most established neighborhoods. Situated on an exceptional 48 x 200 ft premium lot, this extensively updated home offers the perfect blend of lifestyle, flexibility, and long-term value. The legal income suites provide an exceptional opportunity to offset carrying costs while maintaining privacy and flexibility for owner-occupants. The main and upper levels showcase a beautifully renovated kitchen with custom cabinetry, a center island, a designer backsplash, modern lighting, engineered hardwood flooring, updated bathrooms, and fresh paint throughout. Major upgrades include an updated furnace, electrical panel, garage doors, window glass, custom blinds, lighting, and numerous additional improvements throughout the home. The two legal self-contained apartments with separate entrances provide immediate income potential while offering flexibility for extended family or multi-generational living. Conveniently located minutes from QEW, Highway 403, Square One, transit, schools, parks, and community amenities. Situated on a rare deep lot with future potential (buyer to conduct own due diligence). A turnkey opportunity combining luxury living, built-in income, and exceptional long-term value in a mature, high-demand Mississauga neighborhood. Thoughtfully designed with Vastu principles. (id:2471)
McConkey Real Estate Corp. Brokerage
- 705-745-4321
- 705-745-4324
- john@mcconkeyrealestate.com
- Property Address: 2531 MORRISON AVENUE, Mississauga (Erindale), Ontario, L5C3J6
- Community Name: Erindale
- Property Type: Single Family
- Title: Freehold
- Lot Size: 48 x 201 FT ; *See Sched. C For Full Legal Description
- Acreage: 48 x 201 FT ; *See Sched. C For Full Legal Description
- Sewage Type: Sanitary sewer
- Water Type: Municipal water
- Driveway: Attached Garage, Garage
- Total Parking Spaces: 8
- Structure Style: House
- Style: Detached
- Storeys: 2
- Floor Space: 3000 - 3500 sqft
- Building Age: 16 to 30 years
- Bedrooms: 4 + 3
- Bathrooms: 6-Total 2-Partial
- Basement Type: N/A
- Heating Type: Natural gas, Forced air
- Cooling: Central air conditioning
- Exterior Type: Brick
- Fireplace Present: True
- Foundation Type: Unknown
- Appliances Included: Central Vacuum, Dishwasher, Dryer, Stove, Washer, Refrigerator
- Carpet Free
Listing Office: ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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