55 Falaise Road

Original Remarks

A rare opportunity to own a versatile detached home with multiple income-generating units, situated on a large, deep lot with an expansive backyard. Originally a bungalow with two bedrooms and functional living spaces, the home has been expanded to maximize flexibility and rental potential with two separate basement apartments, each featuring a private entrance, kitchen, washroom, and bedroom. The property includes a two-storey side addition with a self-contained apartment offering a kitchen, two bedrooms on the upper level, and a private bath. The generous backyard offers excellent outdoor space and includes a detached shed and a freestanding gazebo, ideal for storage and entertaining. Well-suited for investors, multi-generational living, or owner-occupiers seeking income offset, this property delivers exceptional value and long-term potential. Conveniently located, easy access to 401. Minutes from shopping centers, transit, parks, restaurants, UofT Scarborough, Centennial College. Seller does not guarantee retrofit status of the side addition and lower level suites.