Welcome to 256 Ferry's Road, an incredible detached bungalow nestled in one of East York's most sought-after, vibrant, and family-friendly communities. Whether you are a growing family looking for a home with a built-in mortgage helper, or a savvy investor seeking a high-yielding asset in a premium Toronto location, this property delivers on every single front. The main floor features a bright and spacious layout boasting three generous bedrooms with large windows that flood the space with natural light, a functional living and dining area, and a full family washroom. The completely self-contained lower level is a massive game-changer for anyone looking to maximize their investment. Featuring a dedicated separate entrance for complete privacy, the basement apartment offers two additional well-proportioned bedrooms, a full kitchen, and a private washroom. This setup offers massive potential income to significantly offset your mortgage or rent out both units for premium cash flow in Toronto's hot rental market. Situated in a commuter's dream location, you are just minutes away from the TTC, subway stations, the DVP, and downtown Toronto. Enjoy the perfect blend of quiet residential charm and effortless urban convenience, surrounded by top-tier schools, beautiful local parks, and the vibrant shops, cafes, and restaurants along the Danforth. Properties with this exact configuration and premium location rarely stay on the market long. Don't miss this incredible opportunity! (id:29237)