This investment property offers immediate income and big potential. Currently, a tenant-occupied 2-bed house generates $1,350/month on a 50’ x 140’ lot. Included in the $410,000 price is the adjacent 37.5’ x 140’ lot, providing a total of 87.5’ x 140’ of prime land with RM3 zoning. Plans for a 12-unit luxury rental complex, featuring upscale 2-bed/1-bath units, in-suite laundry, and private balconies, are available for review. Buy now for steady cash flow with development potential. Contact your favorite agent for more details! (id:31684)
Property Features
Heating Information
Forced Air
Natural Gas
House Interior
Corner Site
Lane
Parking
None
Basement
Full (Finished)
Fire Place
False
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Market statistics compiled from data from Canadian Real Estate Association.