125 Norice Street, Meadowlands - Crestview and Area, ON K2G 2Y2
Meadowlands - Crestview and Area
Welcome to 125 Norice St, a beautifully maintained bungalow set on an oversized lot in a highly convenient central location. This is a rare turnkey opportunity that combines strong rental income, immediate cash flow, and outstanding long-term upside. The main-floor unit is bright, inviting, and thoughtfully designed with an open-concept layout that enhances both space and flow. The modern kitchen offers generous cabinetry and workspace, seamlessly connecting to the spacious living room and adjoining dining area-perfect for everyday living or entertaining. Three well-proportioned bedrooms, a full bathroom, and convenient in-unit laundry complete this level. A solid wooden door provides a clean and secure separation from the lower unit. The fully finished lower-level, Secondary Dwelling Unit (SDU) features its own private entrance and a well-designed open-concept kitchen, dining, and living area. With comfortable bedrooms, a full bathroom, and separate laundry, this unit is fully self-contained and highly functional. Whether used for rental income, extended family living, or personal flexibility, it offers exceptional versatility. This property is already a proven income generator, producing approximately $4,500 per month in total rental income, with $2,500 from the upper unit and $2,000 from the lower unit. In addition, wide driveway, 2-car separate garage, and strong curb appeal. The expansive oversized lot provides abundant outdoor space and also presents exciting potential for future development or expansion, subject to municipal approvals. Whether you're an investor seeking a reliable cash-flowing asset, a homeowner looking to significantly offset your mortgage, or a buyer in need of a flexible multi-generational setup, 125 Norice St delivers on every level. Located close to schools, parks, shopping, public transit, and everyday amenities, this property offers the perfect blend of comfort, convenience, and investment.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 125 Norice Street, Meadowlands - Crestview and Area, ON K2G 2Y2
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# X13674054
Listed by GRAPE VINE REALTY INC.
On market since Aug 14, 2026
125 Norice Street, Meadowlands - Crestview and Area, ON K2G 2Y2 is listed for $795,000 CAD.
125 Norice Street, Meadowlands - Crestview and Area, ON K2G 2Y2 has 5 bedrooms and 2 bathrooms.
125 Norice Street, Meadowlands - Crestview and Area, ON K2G 2Y2 is a Detached.
125 Norice Street, Meadowlands - Crestview and Area, ON K2G 2Y2 is in Meadowlands - Crestview and Area, Ontario.
125 Norice Street, Meadowlands - Crestview and Area, ON K2G 2Y2 is currently for sale.
Contact Michael Mezheritsky to arrange a private showing of 125 Norice Street, Meadowlands - Crestview and Area, ON K2G 2Y2 (MLS# X13674054). You can also send a message through the contact form on this site.
