Toronto Luxury Condos and Homes

Come live in this 3-bed, 1-bath Home

Listed by COLDWELL BANKER - R.M.R. REAL ESTATE

An excellent opportunity awaits investors, entrepreneurs, renovators, and visionaries at 34 Simpson! This solid brick bungalow, built in 1963 and lovingly maintained by the same family since 1972, is ready for someone to unlock its full potential. While the home requires updates and a complete overhaul, the possibilities are vast. The main house offers a spacious combined living/dining room, a galley kitchen, and three bedrooms, with a basement workshop, utility room, and large rec room that could easily be converted into a basement apartment for additional income. Even more exciting, Clarington has confirmed that the expansive lot can accommodate up to two additional dwelling units (ADUs), providing incredible investment potential. Whether you choose to rent out the current home and build new structures, or occupy one yourself, the options are endless. While the property shows signs of neglect due to a decade of smoke exposure, it remains a true diamond in the rough, ready to be transformed into a lucrative and unique income-generating space. Make sure to explore the backyard to fully appreciate the size and possibilities. This is an investment in the future!

Extras

The location of this home makes it a popular area with easy access to shopping, hospitals and public transportation. Solidly built bungalow.