Calling all investors, contractors and handy men! Take advantage of this duplex with vacant occupancy upon possession, allowing you to set your own rental rates current with todays market. This property also lends itself to a triplex or fourplex conversion and has new development potential under the R2-23 zoning. Currently, the rear unit is a blank slate, waiting to be renovated into a new unit after being gutted. The large 3 bedroom unit is currently live-able as is and can be occupied immediately with no renovations. This property is also perfect for house hackers trying to mitigate their own cost of living by living in one unit and collecting rental income from the other. Located a very short distance to Algonquin College and only footsteps from the downtown core. Access to plenty of amenities makes this property easy to rent out. Please allow for 24 hours notice for all showings and 24 hours irrevocable on all written offers. (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
Lot
53.17 x 132.08 ft
Lease Type
Other, See Remarks
Listing Contract Date
2024-09-25
Municipal ID
571630143
# of Parking Spaces
6
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
R2-23
Building
Basement Development
Unfinished
Basement Features
Low
Basement Type
Unknown (Unfinished)
Constructed Date
1900
Cooling Type
None
Exterior Finish
Brick
Flooring Type
Mixed Flooring
Heating Fuel
Natural gas
Heating Type
Hot water radiator heat, Radiant heat
Stories Total
2
Type
Duplex
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Detached Garage
Land
Total Size
53.15 ft X 132.05 ft
Sewer
Municipal sewage system
Size of Irregular Land
53.15 ft X 132.05 ft
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