Welcome to 8 Grafton Ave - a fully renovated, turnkey duplex in the heart of trendy Roncesvalles offering exceptional flexibility for investors, end-users, and multi-generational families alike. Renovated back to the studs in 2018, including interior finishes, mechanical systems, and roof, this stylish income-producing property blends modern functionality with strong long-term value in one of Toronto's most sought-after west-end neighbourhoods. Featuring two self-contained suites, each unit offers separate mechanical systems and front-load laundry, creating efficient day-to-day living and simplified property management. The property offers two spacious 4-bedroom, 2-bathroom suites and generates nearly $100,000 in gross annual rental income, making it an exceptional opportunity for investors or owner-occupiers looking to offset their mortgage. One unit is currently vacant, providing immediate flexibility for buyers looking to move in themselves or secure a new tenant at current market rents. The walk-out basement is already roughed in for a kitchen, making conversion to a triplex a straightforward opportunity for those looking to further maximize income potential. The upper-level suite showcases a bright open-concept layout with wide plank flooring, exposed brick accents, striking architectural beam details, and a beautifully updated kitchen complete with stone countertops, stainless steel appliances, custom cabinetry, and a centre island ideal for entertaining. Spacious bedrooms, updated bathrooms, and a private upper deck create a warm and contemporary living space filled with character. Located just moments from Roncesvalles Village, High Park, transit, cafes, restaurants, boutique shopping, and approximately 15 minutes to Toronto's Financial and Entertainment Districts, this is a rare opportunity to own a fully updated duplex with excellent rental appeal in one of Toronto's most vibrant communities. (id:29237)