62 Rainbow Ridge Avenue

Toronto, ON M1B 2H9 ( Rouge)

Quick Facts

Type: Detached

Style: Backsplit 5

Size: Sq Ft

Age: Years

Taxes: $ 4,585 ( 2025)

Updated: 2025-07-03 03:07:17

Description

*RARELY OFFERED 5-LEVEL BACKSPLIT DETACHED HOME* Sitting On A Large 50 FT Wide Lot In A High Demand Neighbourhood With No Neighbours Behind For Added Privacy. Inside, You\'ll Find A Thoughtful Well-Designed Layout With 3 Bedrooms On The Upper Level, 2 Bedrooms On The Ground Level And 2 More Bedrooms In The Basement. This Unique Backsplit Also Has Defined Functional Living Spaces For The Living, Dining & Family Room. Upgraded Kitchen, Bathrooms, Laminate Floors Throughout Makes This Home Maintenance Free & Move In Ready. What Makes This Home *SPECIAL & UNIQUE*? There Is Incredible *INCOME POTENTIAL $$* Each Level Offers Its Own Separate Entrances To Its Own Well-Appointed Spacious Apartment Space. Its Perfect For *MULTI-GENERATIONAL LIVING* Where Large Families Can Live Comfortably Together While Having Their Own Personal Space (Great For Those With Grandparents, Kids & Teenagers) Or *LUCRATIVE RENTAL INCOME* From 3 Potential Rental Units Which Is A Great Mortgage Helper! Or If You Need An Office, Redesign The Ground Floor To Fit Your Needs. Unbeatable Location, 8 Mins To University Of Toronto, Centennial College & Upcoming Scarborough Academy of Medicine & Integrated Health (SAMIH) Which Means You\'ll Always Have High Rental Demand, Steady Income & Higher Rent! Widen Driveway Allows For 4 Car Parking + 2 In The Garage. TTC At Your Doorstep & 401 is Just 1 Min Away. All Your Daily Amenities & Activities Are Quickly Accessible Such As Schools, Pan Am Centre, Rouge GO, Trails At Rouge National Park, Hospital, Shopping & Big Box Stores. **RARE OPPORTUNITY to own a BEAUTIFUL HOME with 3200 SQFT Of Functional Living Space that also serves as an AMAZING INCOME GENERATOR**

Extras

Detached

Property

Status: For Sale

MLS #: E12247076

Price: $ 1,170,000

Address: 62 Rainbow Ridge Avenue

Type:

Style: Backsplit 5

Size: Sq Ft

Age: Years

Front On:

Taxes: $ 4,585

Tax Year: 2025

Lot Size:

Neighbourhood: Rouge

Nearest Intersection: Sheppard & Meadowvale

City: Toronto

Postal Code: M1B 2H9

DOM: 34 Days

Last Update: 2025-07-03 03:07:17

 

Building

Interior

Bedrooms: 7

Bathrooms: 3

Rooms: 0

Kitchens: 2

Family Room:

Fireplace:

Basement: Finished Separate Entrance,

Central Vacuum:

 

Exterior

Exterior: Brick,

Driveway:

Garage: Private

Garage Spaces:

Parking Spaces: 6.00

Pool:

 

Utilities

Electricity (Hydro):

Gas:

Phone:

Cable TV:

Heat Type: Forced Air

Heat Source: Gas

Air Conditioning: Central Air

Water:

Sewers:

 

Features

 

Rooms