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.
The Ultimate Income-Generator & Modern Masterpiece! Welcome to a rare turnkey opportunity in one of the city's most sought-after neighbourhoods. Whether you are an investor looking for a high-yield property or a homeowner seeking a "mortgage helper" that doesn't feel like a basement, this beautifully renovated bungalow delivers on every front. The sun-drenched & sophisticated upper level features a sleek, modern aesthetic with high-end finishes and an open-concept layout. Large windows flood the space with natural light, highlighting the premium flooring and contemporary kitchen. This apartment offers 3 spacious bedrooms, a full modern bath and a 3 piece ensuite bath. Bonus: A fantastic,reliable tenant is already in place, providing immediate cash flow from day one. The lower level is a Legal, Luxury Secondary Suite. This isn't your average basement apartment. Fully legal, this bright 3-bedroom, 2 bath unit mirrors the quality of the upstairs. Currently vacant-perfect for a multi-generational family, or set your own "top dollar" market rent. Features a modern kitchen, egress windows for safety and light, and premium finishes throughout. Enjoy a massive rear deck perfect for summer BBQs, overlooking a fully fenced, private yard. Includes a sturdy shed for all your seasonal gear. No more juggling cars-the oversized driveway comfortably accommodates 4 vehicles. Situated in a quiet, family-friendly pocket where everything is at your doorstep. Steps from scenic parks, hiking trails, and the local arena. Minutes to top-rated schools,major shopping centres, and public transit for an easy commute. Properties with this level of finish and "Legal Suite" status are rare. With the upper tenant settled and the lower unit ready for occupancy, the math simply works. 24 hours notice for showings.
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What’s NearbyDistances approximate
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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$3,049/mo
Mortgage (principal + interest)$2,708
Property taxFrom listing: $4,086/yr$341
Minimum $47,390 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$144,780
Ontario land transfer taxProvincial brackets, no first-time refund$10,953
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$158,533
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Kanata 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.
