161 Ranee Avenue, Toronto C04, ON M6A 1N3

Stunning, updated, and ideally locatedthis 3+2 bedroom, 4-bath bungalow offers the perfect blend of comfort, convenience, and income potential. Situated on a generous lot backing onto the park, this home is thoughtfully designed with two kitchens, ideal for multi-generational living or a turnkey rental setup. The basement has a strong rental history and has never been vacant. The main kitchen has been recently updated, and two additional bathrooms were added in 2015bringing the total to four well-appointed bathrooms, making this home truly incomparable. A long list of recent upgrades includes a new roof (2023), furnace (2019), fresh paint (2025), new floors (2025), new light fixtures (2025), and a new oven in the basement (2024). Theres also excellent parking and ample storage throughout. Enjoy the benefit of a landscaped lot (with side-tree removal in 2022) and a fantastic Walk Scoresteps to TTC, Yorkdale Mall, and just minutes to the subway. Whether you’re looking to live, invest, or both, this is a smart move in a location that delivers.