The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Exceptional investment opportunity with strong existing income and a legal Secondary Dwelling Unit (SDU)! Welcome to 104 Viewmount Drive, a well-maintained bungalow situated on an oversized lot in a convenient central location. Currently generating $4,190.06 per month in rental income & with a CAP rate of 6%, this turnkey property offers immediate cash flow with excellent long-term upside.The main floor unit features a bright and spacious layout with a large living room highlighted by an oversized picture window, an adjoining dining area with patio doors leading to the backyard deck, and a functional kitchen with ample cabinetry and workspace. Three generously sized bedrooms, a full bathroom, and in-unit laundry complete the upper level.The fully finished lower-level legal SDU offers a separate entrance through a ground-floor mudroom and features an open-concept kitchen, dining and living area, three bedrooms, a full bathroom, and separate laundry. The flexible layout makes this property ideal for investors, multi-generational families, or owner-occupants looking to offset their mortgage with rental income. A major benefit for investors is the separate hydro metering, with tenants responsible for their own hydro costs. The upper unit also pays its own natural gas heating, helping keep operating expenses low and maximizing net income.Outside, you'll find a wide driveway, attached garage, attractive curb appeal, and a large lot with ample outdoor space. The oversized lot also presents future development or expansion potential, subject to municipal approvals.Whether you're looking to add a cash-flowing asset to your portfolio, live in one unit while renting the other, or secure a versatile multi-generational property, this property delivers exceptional value. Conveniently located close to schools, parks, shopping, public transit, and everyday amenities.
Property Details
Listing
MLS® number
X13428616
Status
For Sale
Listed
Jun 10, 2026
Last updated
Oct 3, 2026
Possession
Flexible
Building
Type
Detached
Style
Bungalow
Approx. age
Not provided by brokerage
Approx. size
2,000–2,500 ft²
Basement
Full, Partially Finished
Lot
Frontage
114.21 ft
Depth
103.98 ft
Lot area
≈ 11,876 ft² (calculated)
View
West
Community
7302 - Meadowlands/Crestview
Parking & utilities
Garage
Attached, Garage, 2 spaces
Driveway
Available, 2 spaces
Heating
Forced Air
Cooling
Central Air
Water / sewer
Not provided by brokerage
Taxes
Property tax
$5,215 / 2025
Condo fee
N/A
Source
Data source
TRREB (VOW feed)
Listed by
ROYAL LEPAGE INTEGRITY REALTY
Interior
Level
Room
Size
Features
Loading rooms…
Interior Features
Bedrooms above grade: 6
Kitchens: 2 above grade
Basement: Full, Partially Finished
Heating: Forced Air
Cooling: Central Air
Fireplace: Yes
Exterior
Pool features: None
Cross street: Meadowlands to Viewmount or Merivale to Viewmount
Demographic data is not available for this area yet.
Population—
Median household income—
Median age—
Age Groups
Age group data is not available.
Owners vs Renters
Ownership data is not available.
Household Type
Household data is not available.
What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$3,146/mo
Mortgage (principal + interest)$2,712
Property taxFrom listing: $5,215/yr$435
Minimum $47,490 down for this price; the slider moves in whole percent, starting at 7%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$144,980
Ontario land transfer taxProvincial brackets, no first-time refund$10,973
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$158,753
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Meadowlands - Crestview and Area has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
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