An Amazing Opportunity For First-Time Buyers and Investors.Tens of thousands of dollar spent on basic renovations. All new windows and garage door installed in the year 2023. Renovation done on main floor and basement with new laundry room, renovated bathroom and new rooms with finished basement. Welcome to 1216 Islington Avenue, a spacious 3+4 bedroom bungalow with a separate entrance to the basement, offering the perfect setup for living in one unit while renting out the other. The main floor includes 3 bedrooms, a 4pcs bathroom, a living area, and a full kitchen. The basement features 4 additional bedrooms, 3pcsbathroom, and its own kitchen, ideal for rental income.The home comes with all the essentials, including a 2 fridge, 2 stove, washer/dryer, water heater and furnace. With rental income of around $2800 main floor and $2,800 basement , this place can easily help cover your mortgage and make a great investment for the future.Just steps from Islington Subway Station and surrounded by great schools, parks, grocery stores, gyms, and popular restaurants. You also get quick access to the Gardiner, TTC, and GO Transit, making commuting a breeze.The fully-fenced backyard provides a great area for kids to play. Attached Garage Parking for 2 Vehicles: 1 in Garage and 1 at driveway. The area is constantly changing with new zoning law potential for 4 units on the lot and a garden suite at the backyard.