Attention investors! This is your chance to own a highly sought-after corner lot in the heart of Highland Park. With R-C2 zoning and potential for increased zoning, this property is bursting with potential for redevelopment or as a revenue-generating asset. Location, Location, Location: Situated in the desirable Highland Park community, this property is close to amenities, schools, parks, and transit options.Zoning Potential: Currently zoned R-C2, with the possibility of rezoning for further development, making it ideal for future multi-family or mixed-use projects.Corner Lot: This spacious corner lot offers flexibility in design and ample space for creative development ideas.Income Potential: The property features a 3-bedroom suite on the upper level and a 3-bedroom illegal suite in the basement, complete with a separate entrance. A perfect setup for rental income while you plan your redevelopment.Current Lease: The current tenant agreement runs through August, providing immediate revenue with room for extension or new leases. Act fast to secure this opportunity! With its ideal location and numerous development possibilities, this property is sure to attract significant interest. Don't miss out on this unique chance to invest in Highland Park.Contact us today for more information and to schedule a viewing! (id:47421)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Bedrooms
3
Bathrooms
2
Lot
15.24 x 35.36 m
Total Area
1,034 ft2
Amenities Nearby
Park, Playground
Features
See remarks, Back lane
Listing Contract Date
2024-04-26
Municipal ID
0013273339
Ownership Type
Freehold
# of Parking Spaces
2
Plan
6482GN
Property Type
Single Family
Structures
None
Transaction Type
For sale
Zoning Description
R-C2
Building
Appliances
Washer, Refrigerator, Stove, Dryer
Architectural Style
Bungalow
Basement Development
Finished
Basement Type
Full (Finished)
Constructed Date
1953
Construction Material
Wood frame
Construction Style (Attachment)
Detached
Cooling Type
None
Exterior Finish
Stucco
Flooring Type
Laminate
Foundation Type
Poured Concrete
Heating Type
Forced air
Stories Total
1
Total Finished Area
1034 sqft
Type
House
Rooms
Room
Level
Dimensions
Notes
4pc Bathroom
Basement
2.03 M x 1.68 M
Primary Bedroom
Main level
3.53 M x 2.74 M
Bedroom
Main level
3.00 M x 2.62 M
Bedroom
Main level
3.51 M x 2.46 M
4pc Bathroom
Main level
2.97 M x 1.88 M
Parking Spaces
Name
Spaces
Parking Pad
Detached Garage
1
Land
Total Size
539 square meters
Amenities
Park, Playground
Fence Type
Not fenced
Size of Irregular Land
539.00
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