201 Melrose Avenue

Bungalow with a basement apartment in a highly sought after area! This bungalow in central Fairview has had many upgrades in the last 10 years and brings in income on day 1. Main level features a bright open well planned eat in kitchen with an attached dining nook, two spacious bedrooms, living room and 4 piece bath with jet tub. This unit is currently rented for $2000 plus power (water included) The basement level has been completely renovated in August 2026 and is a one bedroom apartment with a full living room, full bath and kitchen. It is currently vacant with a tenant moving in October 1st for $1400/month. Huge corner lot on the corner of Melrose and Willet and a large back deck. Close to transit, all amenities and schooling. Current zoning allows for multiple uses and future development potential. 24 hours showing notice required for tenants. (id:67197)

Price

$599,900

Property Type

Multi-family

Transaction Type

For sale

MLS® Number

202622160

Year Built

1959

Ownership Type

Freehold

Building Type

Duplex

Basement

Full

Exterior Finish

Vinyl

Fireplace

No

Foundation

Concrete Perimeter

Heating Fuel

Electric

Heating

Baseboard heaters

Water

Municipal water

Year Built

1959

Size Total

0.1566 ac

Acreage

No

Sewer

Municipal sewage system

Amenities Nearby

Park, Playground, Public Transit

• Balcony
• Park
• Playground
• Public Transit

Ownership Type

Freehold