Incredible Investment Opportunity! All brick bungalow with legal secondary unit in prime rental location! Amazing cashflow grossing over $6,200/M! 3 Bed 1 bath upper unit and unique 3 bed 3 bath lower unit. Upper unit features 3 spacious bedrooms, a large living room, updated kitchen and 4pc bath. The lower level apartment is uniquely designed with a common full kitchen & 3 spacious bedrooms each with a wet bar and full ensuite bath bringing in nearly $3,800/M in rental income. Bus service at your doorstep, minutes walk to Algonquin and all the amenities of College Square & Merivale Rd. Great access to the highway for easy commuting by car, bus or bike! Amazing future development potential on this 50ft x 98ft lot. New proposed zoning of MS2 (Mainstreet Zone 2) allowing for a large multi unit mixed use building. Turn key investment property- enjoy great cashflow while watching your land value soar in the years to come! (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+3
Bathrooms
4
Lot
50 x 98 ft
Features
In-Law Suite
Listing Contract Date
2025-10-30
Location Description
Cross Streets: Pender and Baseline. ** Directions: South side of Baseline between Pender St & St Helen's Pl.
# of Parking Spaces
6
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
Residential
Building
Amenities
Separate Electricity Meters
Appliances
Dishwasher, Dryer, Hood Fan, Microwave, Two stoves, Washer, Two Refrigerators
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